Overview
- Stellantis has halted its 2025 financial guidance, citing uncertainty from evolving U.S. auto tariffs introduced earlier this month.
- First-quarter 2025 revenue dropped 14% year-on-year to €35.8 billion, with global shipments declining 9% to 1.22 million vehicles.
- North American performance was particularly weak, with shipments down 20% and revenues falling by 25%, driven by high inventories and extended factory downtime.
- Despite the challenges, Stellantis noted a surge in North American orders prior to the tariffs and improving performance in Europe as signs of a potential recovery.
- The company is actively engaging with policymakers to mitigate tariff impacts, following similar guidance suspensions by industry peers like General Motors.