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A $5 Billion Pricing Boost Says Everything About Auto Earnings

A Jeep Wrangler 4xE in a Paris showroom this month.

A Jeep Wrangler 4xE in a Paris showroom this month.

Photographer: Nathan Laine/Bloomberg
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Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond.

Stellantis hit it out of the park with earnings this week, as surging demand for Jeep SUVs and Ram trucks drove standout first-half results. One figure buried on slide 21 of the company’s presentation really stood out.