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An Interesting Big Name Is Betting on a Stellantis Turnaround -- Should You?
Carvana is acquiring Stellantis dealerships, suggesting a belief in a turnaround for the automaker, whose stock has tumbled 70% since 2024. Despite Carvana benefiting from this strategy through hybrid sales and an expanded network, Stellantis faces significant challenges including a $26 billion EV strategy adjustment, a suspended dividend, and a declining global market share. Therefore, while Carvana’s move is strategic for its own business, investors are advised to be cautious about following suit in Stellantis.