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Stellantis, formed in 2021 from the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, was initially thriving, acquiring billions in regulatory credits from Tesla to meet emissions requirements. However, recent months have unveiled a stark contrast. A profit warning in September resulted in a staggering 47% drop in the company’s market value, highlighting a troubling decline amid rising inventory levels, manufacturing issues, and a slowdown in sales, particularly in their flagship brands like Jeep and RAM.