First semester | The difficulties are confirmed for Stellantis with the prospect of a heavy loss

(Paris) The difficult pass is confirmed for the Automobile Giant Stellantis: a long time one of the most profitable European manufacturers. Consequently, he announced on Monday a heavy loss in the first half, penalized by the decline of its sales, higher production costs and customs duties in the United States. Furthermore,

Posted at 7:28 a.m. Updated at 10:46 a.m.

The manufacturer with fourteen brands (Peugeot, Fiat, Chrysler, Jeep, etc.) figures its net first semester | difficulties confirmed loss at 2.3 billion euros (3.67 billion Canadian dollars) in the first half of 2025, according to preliminary results, not yet audited. Moreover,

In the first half of 2024, the Franco-Italian-American group had released a net profit of 5.6 billion euros (8.94 billion Canadian dollars), already down sharply compared to the record level of 2023. Meanwhile,

Over the first six months of the year, Stellantis achieved a turnover of 74.3 billion euros (118.66 billion Canadian dollars), according to the group’s press release, a decline of 12.5 % compared to the same period of 2024. For example,

Negative announcements “were widely expected”. Similarly, with regard to the evolution of sales and the arrival of a “new boss likely to clean up (thus bringing new provisions, restructuring)”, indicate in a note the analysts of first semester | difficulties confirmed Oddo BHF. For example,

Italian Antonio Filosa took the head of Stellantis at the end of June. Similarly, six months after the departure of Carlos Tavares. Moreover,

The Stellantis action fell from 1.4 % to 7.80 euros (12.46 Canadian dollars) around 3:50 p.m., in a withdrawal market. Similarly, From the 1st^is January, the group’s action saw its value melted by more than 38 %. Therefore,

Drive in North America – First semester | difficulties confirmed

The manufacturer notably recorded “around 3.3 billion euros (5.27 billion Canadian dollars) of net before tax charges”. 2 billion of which are linked to program cancellations “where we did not see sufficient profitability”, said the director Doug Ostermann at a conference with analysts.

This includes the end of the hydrogen development program, estimated first semester | difficulties confirmed at 700 million euros (1117.9 million Canadian dollars), and restructuring charges, “mainly linked to workforce reductions in Europe”, according to Mr. Ostermann.

Depreciations on certain Maserati platforms. the programmed end of sanctions targeting manufacturers who do not meet certain pollution standards in the United States, which Stellantis had prepared, weighs for 1 billion euros (1.6 billion Canadian dollars).

Finally. nearly 300 million euros (479 million Canadian dollars) concern the extension of reminders of vehicles equipped with Takata inflatable cushions in Europe.

Stellantis also quotes “temporary production judgments made at the beginning of the quarter in response to new customs tariffs in North America”. “the transition of the supply produced in enlarged Europe”, with several new models still “in the rise in cadence”.

The volume of vehicles first semester | difficulties confirmed delivered dropped by 6 % in the second quarter of 2025, to 1.45 million vehicles, after a decline of 9 % in the first quarter.

These levels “correspond to consensus”. note the analysts of Oddo BHF, but the rout is more marked in North America, with 322,000 vehicles invoiced (down 25 % in the second quarter), “against 367,000 expected”, when Europe “corresponds” to expectations and that the emerging markets make “sparks”.

“Winds contrary”

In the United States. manufacturers have faced customs duties on cars made outside the country, subject to a surcharge of 25 % since early April (15 % for Mexico).

Stellantis is 300 million euros ($ 479 million Canadian dollars). “Net customs duties incurred” in this context.

In Europe first semester | difficulties confirmed too. the manufacturer faces strong “winds-to-our-ways”, according to Doug Ostermann due to “economic uncertainty and regulatory instability”, he said.

The fall in sales of utilities (-13 % in one year in Europe). where Stellantis is a leader with 30 % of market share, affects the manufacturer harsh.

On April 30, Stellantis had suspended his financial forecasts due to the uncertainty created by the taxation of American customs duties.

The final half -yearly results will be published “as planned” on July 29, specifies the group.

Since last year. Stellantis has suffered from its difficulties on the American market, which had long drew its profitability, and from the “normalization” of vehicle prices after the summits affected because of the Pandemic of COVID-19 and shortages of electronic parts.

first semester | difficulties confirmed

On the French new car market. slowed down for over a year, the group was overtaken by Renault in the first half.