Stellantis took a $30B charge related to its EV push but is now pivoting back to combustion "muscle cars" and hybrids. The CEO is aggressively correcting the product mix to match actual consumer demand (ICE/Hybrid) rather than regulatory ideals (EVs). This pragmatism could drive a turnaround in North American returns. WATCH. Wait for evidence of sales stabilization. continued market share loss to competitors who didn't fumble the product mix.