Key Points
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Stellantis, Ford, and General Motors have demonstrated disparate trading outcomes since 2024.
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Carvana is transitioning to a hybrid sales model, expanding beyond online sales.
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Stellantis’ market share has decreased from 8.1% in 2020 to approximately 6.1% in 2025.
Since 2024, Detroit automakers Stellantis (NYSE: STLA), Ford (NYSE: F), and General Motors (NYSE: GM) have exhibited distinct trading patterns. General Motors has more than doubled its share price during this period, while Ford has seen a slight decline of 2%, and Stellantis has faced a 70% drop. In a strategic move, Carvana (NYSE: CVNA) is increasing its investment in Stellantis by acquiring dealerships as part of its efforts to adopt a hybrid sales model that combines online and in-person transactions.
Stellantis is navigating significant challenges, including a recent charge of approximately $26 billion related to an electric vehicle strategy adjustment, impacting its market capitalization, which stands around $20 billion. The automaker’s global market share has declined from 8.1% to about 6.1% since 2020, and ongoing issues in its North American operations could hinder a potential recovery. As Carvana bets on Stellantis’ turnaround, investors should weigh the risks before pursuing similar investments.
