Tuesday, August 5, 2025
HomeBusinessStellantis announces a net loss of nearly $ 2.7 billion in the...

Stellantis announces a net loss of nearly $ 2.7 billion in the first half of 2025

However,

Stellantis announces net loss nearly:

The difficult pass is confirmed for the Automobile Giant Stellantis: a long time one of the most profitable European manufacturers. For example, 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.

• Read also: Car manufacturers position themselves in front of customs tariffs

• Read also: Customs prices: Donald Trump received the president of the automaker Stellantis

The manufacturer in the fourteen brands (Peugeot. Nevertheless, Fiat, Chrysler, Jeep …) figures its net loss at 2.3 billion euros in the first half of 2025, according to preliminary results, not yet audited.

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

Over stellantis announces net loss nearly the first six months of the year, Stellantis achieved a turnover of 74.3 billion euros, according to the group’s press release, a withdrawal of 12.5% compared to the same period of 2024.

Negative announcements “were widely expected”. Nevertheless, 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 Oddo BHF.

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

The Stellantis action fell from 1.4% to 7.80 euros around 3:50 p.m., in a withdrawal market. Furthermore, Since January 1, the group’s action has seen its value melted by more than 38%.

Drive in North America

The manufacturer notably recorded “approximately 3.3 billion euros in net before tax charges”. 2 billion of which are linked to program stellantis announces net loss nearly cancellations “where we did not see sufficient profitability”, said financial director Doug Ostermann at a conference with analysts.

This includes the end of the hydrogen development program. estimated at 700 million euros, and restructuring charges, “mainly linked to workforce reductions in Europe”, according to Mr. Ostermann.

Depreciations on certain Maserati platforms. the scheduled end of sanctions targeting manufacturers who do not meet certain pollution standards in the United States, for which Stellantis had prepared, weigh for 1 billion euros.

Finally, nearly 300 million euros concern the extension of reminders of vehicles equipped with Takata inflatable bags 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 delivered dropped by 6% in the second stellantis announces net loss nearly 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 for the “net customs duties incurred” in this context.

In Europe also the manufacturer faces strong “opposite winds”. 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 stellantis announces net loss nearly 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 the “normalization” of vehicle prices after the summits affected because of the covid pandemic and the shortages of electronic parts.

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

Stellantis announces net loss nearly

Further reading: Bayrou announces 900 million euros in venture capital investments – 07/16/2025 at 10:55plane to the tax reductionCurrent drilling work on René-Lévesque for the tramway“Your money is no longer safe!” »: The new security measures at the postal bank that will upset your daily banking dailyDanieli, a Trump customs duties steel.

kendall.foster
kendall.foster
A New York fashion-tech editor, Kendall reviews smart fabrics while staging TikTok runway experiments in her loft.
Facebook
Twitter
Instagram
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments