MILAN (Feb 26): Stellantis on Thursday reported a net loss of 20.1 billion euros (US$23.8 billion) for the second half of 2025, after multi-billion euro charges the automaker booked earlier this month to reflect its scaled-back electric-vehicle ambitions. The Jeep-to-Peugeot maker said it had booked a total of 25.4 billion euros in writedowns last year, including 22.2 billion euros for the second half it announced on February 6, sending its shares tanking. In the second half, Stellantis booked an adjusted operating loss of 1.38 billion euros, also in line with the preliminary estimate. Net revenues were however up 10% year-on-year in the July-December period to 79.25 billion euros, with an encouraging 11% increase in vehicle shipments over the six months. The group — which traditionally sees the North American market, and the US in particular, as its profit powerhouse — said it expected costs related to US tariffs to rise to 1.6 billion euros this year from 1.2 billion euros in 2025.

Source: The Edge Markets February 26, 2026 11:14 UTC