Stellantis continues to struggle as its U.S. auto sales plummeted by 20% in the third quarter, with brands like Chrysler and Dodge suffering the most. CEO Carlos Tavares is under pressure to rectify his past decisions amid a backdrop of declining sales and increasing competition from China. The automaker has cut its profit forecasts for 2024 and implemented plans for inventory reductions in response to the ongoing crisis. This turmoil has resulted in a substantial drop in Stellantis' stock, which experienced its worst day since 2020. The entire auto sector is feeling the strain, with other car manufacturers like General Motors and Ford also witnessing declines in their stock prices following Stellantis' grim outlook.