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Stellantis Posts €22.3 Billion 2025 Loss After EV Strategy Reset, Halts Payouts

The company will present a May 21 strategy pivot toward a broader mix of powertrains following €25.4 billion in charges from its electrification rethink.

Overview

  • Management attributed the loss to extraordinary charges tied to canceled electric programs, aborted investments and restructurings after overestimating EV demand.
  • Group revenue slipped about 2% to roughly €153.5 billion in 2025, while vehicle deliveries rose around 1% to about 5.5 million units.
  • Stellantis reported an adjusted operating loss of €842 million and industrial free cash flow of negative €4.5 billion for the year, with revenue growth and cash flow improving in the second half.
  • The company said it will pay no dividends for 2025 and will suspend the usual employee profit‑sharing, a move criticized by the CUT union, which points to strong liquidity and questions the accounting charges.
  • CEO Antonio Filosa signaled cost‑structure reductions in Europe and emphasized a forthcoming multi‑technology product offensive expected to lean more on hybrids to restore profitability.