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Stellantis Posts €2.3 Billion First-Half Loss After Tariffs and Program Cuts

Stellantis has suspended its full-year guidance after heavy pre-tax charges from U.S. tariffs eroded earnings under new CEO Antonio Filosa.

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Overview

  • Stellantis recognized €3.3 billion in pre-tax charges, mostly from cancelling development programs and writing down impaired platforms.
  • First-half revenues declined 12.6% to €74.3 billion as global vehicle deliveries fell 6% to 1.447 million units.
  • North American sales dropped 25% year-on-year, reducing shipments by 109,000 vehicles due to import duties, lower production and reduced fleet orders.
  • The automaker’s share price has tumbled 39% in 2025 as financial pressure mounts.
  • Stellantis is overhauling its model lineup and cost structure while preparing to release final H1 results on July 29.