Paris, France, Feb 6, 2026 (AFP) - Stellantis takes massive hit on 'overestimation' of EV demand

NAMPA / AFP
2026-02-06
Jeep maker Stellantis warned Friday that it would take a 22 billion euro hit after a slower take up of electric vehicles than it expected, heaping pressure on its new chief executive to navigate a chaotic transition from combustion engines. The admission of a "significant overestimation" of demand for EVs comes as authorities in the US and Europe have eased strict emissions targets after years of demanding cleaner vehicles. US auto giants Ford an......
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KATIMA MULILO, 05 February 2026 - Katima Mulilo Police Station Commander, Chief Inspector Charles Mayumbelo pictured during a media conference on Thursday. (Photo: Michael Mutonga Liswaniso) NAMPA

KATIMA MULILO, 05 February 2026 - Katima Mulilo Police Station Commander, Chief Inspector Charles Mayumbelo pictured during a media conference on Thursday. (Photo: Michael Mutonga Liswaniso) NAMPA

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SWAKOPMUND, 04 February 2026 - The head coach of Libya's senior national futsal team, Abdulbasit Alnaas, relays instructions to his players during their match against Namibia in the 2026 Morocco CAF Futsal AFCON qualifiers at The Dome in Swakopmund. Namibia lost the match 3-11. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 04 February 2026 - The head coach of Libya's senior national futsal team, Abdulbasit Alnaas, relays instructions to his players during their match against Namibia in the 2026 Morocco CAF Futsal AFCON qualifiers at The Dome in Swakopmund. Namibia lost the match 3-11. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 04 February 2026 - The head coach of Libya's senior national futsal team, Abdulbasit Alnaas, relays instructions to his players during their match against Namibia in the 2026 Morocco CAF Futsal AFCON qualifiers at The Dome in Swakopmund. Namibia lost the match 3-11. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 04 February 2026 - The head coach of Namibia's senior men's futsal team, Marcos Antunes, relays instructions to the players during their match against Libya in the 2026 CAF Futsal AFCON qualifiers at The Dome in Swakopmund on Wednesday. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 04 February 2026 - The head coach of Namibia's senior men's futsal team, Marcos Antunes, relays instructions to the players during their match against Libya in the 2026 CAF Futsal AFCON qualifiers at The Dome in Swakopmund on Wednesday. (Photo by: Hesron Kapanga) NAMPA

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