Overview

• Stellantis posted a €2.3 billion net loss in H1 2025, reversing a €5.6 billion profit in the same period last year.
• The group’s first-half net revenues fell 13% to €74.3 billion, driven largely by weaker North American sales.
• U.S. auto and parts tariffs are set to cost the company €1.5 billion in 2025, including €300 million incurred in the first half.
• Filosa reinstated full-year guidance and now projects sequential revenue growth, low-single-digit adjusted operating margins, and improved free cash flow in the second half.
• He has pledged to make ‘tough decisions’ by cutting underperforming programs and launching new models to accelerate the turnaround.