Antonio Filosa attends the presentation of the brand new Fiat 500 Hybrid on the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025.
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Auto large Stellantis on Thursday reported its first-ever annual loss after reserving substantial write-downs amid a serious strategic shift.
The multinational conglomerate, which owns family names together with Jeep, Dodge, Fiat, Chrysler and Peugeot, posted a full-year 2025 web lack of 22.3 billion euros ($26.3 billion), in comparison with full-year revenue of 5.5 billion euros a yr in the past.
The online loss was impacted by 25.4 billion euros in write-downs, Stellantis stated, because the agency sharply scales again its electrical automobile technique.
The outcomes come as carmakers throughout the globe look to stroll again their EV plans. Automobile giants together with GM, Ford and Honda, for instance, have all introduced billions of {dollars} in costs to write-down EV investments in latest months. The development underscores the shifting dynamics at play on the highway to full electrification.
“Our 2025 full yr outcomes replicate the price of over-estimating the tempo of the vitality transition and of the necessity to reset our enterprise round our prospects’ freedom to select from the complete vary of electrical, hybrid and inside combustion applied sciences,” Stellantis CEO Antonio Filosa stated in an announcement.
“In 2026 our focus might be on persevering with to shut the execution gaps of the previous, including additional momentum to our return to worthwhile development,” he added.
Stellantis stated it had suspended its dividend for 2026, because it had beforehand flagged, and issued as much as 5 billion euros of hybrid bonds. It additionally reiterated its 2026 forecasts, together with a mid-single-digit proportion enhance in web revenues and a low-single-digit adjusted working margin.
Milan-listed shares of Stellantis to this point this yr.
Milan-listed shares of Stellantis rose 0.4% on the information. The inventory is down greater than 31% to this point this yr.
Different earnings highlights:
- Adjusted working lack of 842 million euros in 2025, in comparison with an adjusted working earnings of 8.65 billion euros in 2024.
- Estimates web tariff bills of 1.6 billion euros in 2026.
- Stellantis stated it expects optimistic industrial free money circulation in 2027.
Over the second half of 2025, Stellantis it delivered a “strong” efficiency, noting consolidated shipments got here in at 2.8 million models, with North America posting the strongest contribution.
Web revenues rose 10% to 79.25 billion euros by the latter half of 2025 when in comparison with the identical interval a yr in the past.
These outcomes replicate the preliminary impression of improved operational efficiencies, disciplined industrial methods and the energy of the agency’s world model portfolio, Stellantis stated.
