Stellantis experiences a €2.3 billion deficit in their first half of the year's operations
Stellantis, the global automotive giant behind brands such as Peugeot, Fiat, Opel, and Chrysler, has announced a net loss of €2.3 billion for the first half of 2025. This comes after a significant drop in net profit from the record high in 2023, with the corporation achieving a net profit of only €5.6 billion in the first half of 2024, a decrease of 48%.
The impact of US tariff policy on Stellantis' financial performance in 2025 has been substantial. The manufacturer reported negative industrial free cash flows of €3.0 billion for H1 2025, alongside a 6% year-over-year decline in global shipments to 1.4 million units. A key factor in these results was €0.3 billion in net costs directly attributed to US tariffs, which affected the company’s profitability and production plans. North American operations were particularly hard hit, with a 25% drop in Q2 shipments compared to the previous year, reflecting the tariff-related production and cost pressures.
In addition to the US tariff costs, Stellantis incurred €3.3 billion in pre-tax net charges related to program cancellations, platform impairments, restructuring, and the effects of regulatory changes. To mitigate these impacts, the company is undertaking an operational response plan, aiming for improved performance and new product benefits in the second half of 2025. However, the early stage of these actions means the full positive effects have not yet materialized.
In a move to address the uncertainty caused by the introduction of U.S. tariffs, Stellantis suspended the publication of financial forecasts for the current fiscal year on April 30. The suspension is a temporary measure and does not indicate any financial instability or crisis within the corporation. The audited financial results for the first half of 2025 will provide a clear picture of Stellantis' financial performance despite the suspension of financial forecasts, and are scheduled to be published on July 29, as planned.
Compared to the same period last year, Stellantis' revenue decreased by 12.6% to €74.3 billion. The corporation's vehicle sales in the second quarter of 2025 were lower than those of the same quarter in 2024, with a 6% decrease to 1.25 million units. The first three months of 2025 saw a similar trend, with vehicle sales decreasing by 9% compared to the same period last year.
Despite these challenges, Stellantis remains committed to delivering on its strategic objectives and maintaining its position as a leading global automotive group. The publication of the audited financial results for the first half of 2025 will offer insights into the corporation's current financial standing and plans for the future.
- In response to the substantial impact of US tariff policy on its financial performance, Stellantis has disclosed €0.3 billion in net costs directly linked to these tariffs, affecting their profitability and production plans, particularly in North American operations.
- To counteract the impacts of regulatory changes, program cancellations, platform impairments, and restructuring, Stellantis is implementing an operational response plan to boost performance and introduce new product benefits in the second half of 2025, despite the early stage of these actions not yet showing their full positive effects.
