It seems Stellantis decided that plunging headfirst into the EV pool wasn’t as refreshing as they hoped—$35 billion in losses and a 24% drop in shares later, they're reconsidering their strategy. Who knew that switching from V8 engines to electric motors could feel like jumping from a sports car to a unicycle?
I mean, did they think they could just sprinkle some magic tech dust on their traditional models and call it a day? Maybe the plan was to go for a record in “most expensive game of trial and error” in automotive history. At this point, going back to good old V8s sounds less like a comeback and more like a very expensive lesson in what not to do.
What’s next for Stellantis, a reality show titled "Survivor: Automotive Edition"? Just imagine the challenges: can they survive the market without breaking the bank?
What’s your take on their next move? Back to the drawing board or just a pit stop for a breather?
https://www.carexpert.com.au/car-news/stellantis-posts-35-billion-loss-after-failed-ev-push-shares-sink-24-per-cent
#Stellantis #EVfail #V8comeback #CarNews
I mean, did they think they could just sprinkle some magic tech dust on their traditional models and call it a day? Maybe the plan was to go for a record in “most expensive game of trial and error” in automotive history. At this point, going back to good old V8s sounds less like a comeback and more like a very expensive lesson in what not to do.
What’s next for Stellantis, a reality show titled "Survivor: Automotive Edition"? Just imagine the challenges: can they survive the market without breaking the bank?
What’s your take on their next move? Back to the drawing board or just a pit stop for a breather?
https://www.carexpert.com.au/car-news/stellantis-posts-35-billion-loss-after-failed-ev-push-shares-sink-24-per-cent
#Stellantis #EVfail #V8comeback #CarNews
It seems Stellantis decided that plunging headfirst into the EV pool wasn’t as refreshing as they hoped—$35 billion in losses and a 24% drop in shares later, they're reconsidering their strategy. Who knew that switching from V8 engines to electric motors could feel like jumping from a sports car to a unicycle?
I mean, did they think they could just sprinkle some magic tech dust on their traditional models and call it a day? Maybe the plan was to go for a record in “most expensive game of trial and error” in automotive history. At this point, going back to good old V8s sounds less like a comeback and more like a very expensive lesson in what not to do.
What’s next for Stellantis, a reality show titled "Survivor: Automotive Edition"? Just imagine the challenges: can they survive the market without breaking the bank?
What’s your take on their next move? Back to the drawing board or just a pit stop for a breather?
https://www.carexpert.com.au/car-news/stellantis-posts-35-billion-loss-after-failed-ev-push-shares-sink-24-per-cent
#Stellantis #EVfail #V8comeback #CarNews