Overview
- Stellantis reported a €22.3 billion net loss for 2025, driven by €25.4 billion in exceptional charges, the second-largest ever recorded by a French company.
- The provisions fund a rollback of EV commitments, including stopping some models, selling its 49% stake in Canada’s NextStar Energy, and a planned exit from a Samsung battery joint venture in the United States.
- The product strategy now prioritizes hybrids and combustion engines in key markets, with diesel returning in Europe and new gasoline pickups slated for the U.S.
- Revenue fell 2% to €153.5 billion as vehicle volumes rose to about 5.5 million, with a 10% sales rebound in the second half and a 39% volume surge in the U.S.
- Outlook for 2026 calls for a low single-digit positive margin, roughly €1.6 billion in U.S. tariff costs, about €6.5 billion in cash outflows over four years, industrial liquidity near €46 billion, and unions seeking job guarantees ahead of a May strategy presentation.