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3w ago

Stellantis Reports €2.3 Billion First-Half Loss as U.S. Tariffs Bite

Filosa has launched cost cuts, initiated platform realignments to position planned vehicle launches for a second-half recovery.

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FILE - The Stellantis sign is seen outside the Chrysler Technology Center, Jan. 19, 2021, in Auburn Hills, Mich. Stellantis on April 26, 2023.
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Overview

  • Stellantis posted a preliminary net loss of €2.3 billion in the first half of 2025 as revenues fell 12.6% to €74.3 billion.
  • U.S. auto tariffs inflicted a €300 million earnings hit, with CFO Doug Ostermann warning that second-half tariff costs could double to between €1 billion and €1.5 billion.
  • The automaker booked €3.3 billion of one-off pre-tax charges tied to programme cancellations, platform impairments, elimination of the CAFE penalty rate, restructuring activities.
  • Second-quarter North American shipments plunged 25% year-on-year, prompting production pauses at facilities in Canada and Mexico.
  • Under new CEO Antonio Filosa, Stellantis has suspended full-year guidance, relying on upcoming model rollouts, cost-reduction measures to restore profitability in the back half of the year.