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Stellantis NV’s truck plant in Sterling Heights, Michigan, was reportedly evacuated Saturday afternoon after an armed man entered the facility and barricaded himself inside.
The individual was taken into custody without reported injuries, CBS reported.
Stellantis said production was not underway at the time, with only a limited skilled trades crew present. The company added that counseling would be available to employees once operations resume.
The plant manufactures the Ram 1500, one of Stellantis’ best-selling vehicles in the U.S., and the incident comes as the automaker faces mounting challenges on multiple fronts.
In Italy, Stellantis' production dropped 27% in the first half of 2025 to 221,885 vehicles, with passenger car output down 34% and commercial vehicles declining 16%.
Union firm CISL warned that 2025 output is trending below expectations, and said a meaningful recovery is unlikely before 2026.
The union’s leader, Ferdinando Uliano, said that production declines have affected all six of Stellantis' Italian plants, including the once-resilient Pomigliano site, which posted a 24% year-on-year drop.
Maserati production at the Modena facility fell 72% to just 45 units in the first half of 2025. Meanwhile, in North America, Stellantis has been underperforming its rivals.
Wolfe Research downgraded STLA stock to ‘Underperform’ last week, citing “meaningful risk” to 2025–2026 earnings and forecasting a €1 billion loss in North America this year, sharply down from consensus expectations of a €1.6 billion profit.
Wolfe’s earnings estimates are roughly 40% below consensus for 2025 and 45% for 2026.
Stellantis reported a 10% drop in U.S. sales in Q2 despite growth from Ram, Jeep, and Fiat. Sales declines in Alfa Romeo, Chrysler, and Dodge more than offset those gains.
In contrast, GM and Ford posted 7% and 14% growth in U.S. sales, respectively, during the same period.
Stellantis is scheduled to report first-half earnings on July 29.
On Stocktwits, retail sentiment for Stellantis was ‘neutral’ amid ‘high’ message volume.
Stellantis’ stock has declined 21.2% so far in 2025.
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