Stellantis is a massive, multinational automaker formed by a merger between Fiat Chrysler Automobiles and the Peugeot Group. Its U.S. strategy appears to be discontinuing all its budget-friendly vehicles to increase margins. The plan worked for a couple of years, but buyers are over it. Stellantis lost $2.7 billion in the past six months and is scrambling. Here’s every cost-effective model the automaker deleted, and what consumers were left with.

Ram 1500 Classic

For years, the Classic was the cheapest full-size truck on the market. Ram introduced the fifth-gen 1500 in early 2019. It continued building the fourth-gen truck—mechanically identical but with an older body style and a two-door cab—as the Ram 1500 Classic. Fleet operators and budget-minded buyers loved it. But Ram built the final Classic in October 2025. You can’t even special-order one. The regular Ram 1500 now has a $41,025 MSRP and a $2,595 destination fee.

Jeep Renegade

Jeep introduced the subcompact Renegade for the 2015 model year. It shares a chassis with the Fiat 500X and gave Jeep fans a budget-friendly option for nearly a decade. But Stellantis pulled it from the U.S. market after the 2023 model year.

Jeep Cherokee

Jeep has used the Cherokee nameplate since 1974. The latest generation proved popular enough that Jeep introduced a larger, more expensive Grand Cherokee with a third row in 2021. After the 2023 model year, it axed the budget-friendly Cherokee. The 2025 Grand Cherokee has a $36,495 MSRP and a $1,795 destination fee. The automaker announced it is working on a Cherokee replacement. But the new vehicle is not a priority, and we won’t see it until at least 2026.

Jeep Wagoneer

FCA spent years developing a full-size SUV based on the Ram truck chassis. It launched the Wagoneer in 2022 to compete with the Chevrolet Suburban and Ford Expedition. At the same time, it launched the Grand Wagoneer to compete with the Cadillac Escalade and Lincoln Navigator. Now, Stellantis says the branding is too confusing, so it is cutting the Wagoneer.

Here’s the math: The Wagoneer has an MSRP of $59,945. The 2025 Grand Wagoneer started at $84,945. During the reorganization, Stellantis announced that the Grand Wagoneer’s price is dropping to under $65,000 because its lower trims will replace the Wagoneer. But by my math, the automaker is taking the opportunity to add $5,000 to its full-size SUV’s effective price.

Dodge Challenger

I know what you’re saying: the Challenger is a premium sports car. But it was a cheap way to get into a V8 muscle car. The 2009 V8-powered Challenger R/T cost $30,220. By 2022, that had only climbed to $38,375. After the 2023 model year, Dodge cut the Challenger and redesigned the Charger EV with no V8 options. Buyers looking for a traditional Dodge V8 now must pay for a Durango SUV, which had a fantastic sales year right after the Challenger disappeared. If you want a 2026 Durango with a V8, you’ll pay at least $43,090 plus a $1,995 destination fee.

Dodge Grand Caravan

This cut came before Stellantis existed, but it foreshadowed the later strategy. FCA built its final Dodge Grand Caravan in August 2020. That only leaves its luxurious sibling, the Chrysler Pacifica. So if you want a basic family-hauling minivan, you’ll pay at least $43,645 in 2026 plus a $1,995 destination fee.

When falling feels like flying

Stellantis recorded increasing profits for two years. Then it took a nosedive. The luxury pricing strategy appears to be driving customers to other automakers. Industry analyst Tom Narayan put it bluntly. “This isn’t like a Mercedes, or a BMW. These are brands like Jeep and Ram etc…The consumer of these products gets stretched at some point, they’re more price sensitive. You can make the case also that they [Stellantis] didn’t invest in the products as the pricing went up.”

After losing a ton of cash, Stellantis seems to have realized this strategy is a mistake. It promised to invest $13 billion in North America, including developing new vehicles for the market. You can see NBC’s deep dive on Stellantis’ strategy in the video below: