Meanwhile,
Stellantis announces net loss 2.3:
The group now led by Antonio Filosa explains these poor results by the effect of trade tensions. In addition, a transition period in its vehicle offer.
Storm notice for Stellantis. However, The automotive group (Peugeot, Citroën, Fiat …) announces a net loss of 2.3 billion euros in the first half, according to preliminary results.
In a press release, the manufacturer reports that its sales amounted to June 30 “to 1.4 million units, a drop of 6 % in annual shift”.
In question: temporary production judgments linked to the increase in customs duties decided by Donald Trump. Similarly, a transition period in Europe where new models are launched.
Stellantis estimates that the “first effects of new American customs tariffs” cost him 300 million euros. The group also provides approximately 3.3 billion euros in net charges before taxes in the first half. due in particular to the costs of canceling stellantis announces net loss 2.3 programs and the depreciation of platforms.
He also quotes the net impact of European law aimed at limiting CO2 emissions of
new vehicles and restructuring.
-25% over one year in North America – Stellantis announces net loss 2.3
Nothing is going well for Stellantis which announced a net profit of 5.6 billion euros at the same period last year, after having broken records in 2023. The group even suspended its objectives for 2025 due to the uncertainties linked to American customs duties.
In detail. in North America, invoicing in the quarter fell by around 109,000 units compared to the same period in 2024, a decrease of 25% over a year, due in particular to the impact on manufacturing and invoicing of imported vehicles most affected by customs duties.
In Europe. invoices have decreased by around 50,000 units over the period, a drop of 6% in annual sliding, mainly due to the current transition of the product supply.
One year before the stellantis announces net loss 2.3 deadline for his mandate. the director general of Stellantis Carlos Tavares announced his resignation last December, due to disappointing financial results and growing disagreements with his main shareholders. He was replaced by Antonio Filosa.
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