Stellantis announced this Monday that it suffered a huge loss in the first half of 2025, a period marked by the first impact of the new tariffs imposed by the U.S. and in which it had to bear costs related to a change in American legislation.
The net loss of €2.3 billion in the first six months of the year is directly related to the drop in sales in North America, where sales of Stellantis brands recorded a decrease of 25% in volume in the second quarter compared to the previous year.
The fourth largest car manufacturer in the world announced that net revenues for the first half fell by 12.6% to €74.3 billion, according to preliminary and unaudited results.
Stellantis stated that “the first effects of the U.S. tariffs” had a negative impact of €300 million and disrupted plans to address its already struggling performance in North America.
It should be noted that automakers have been struggling to respond to a new 25% tariff from the U.S. on imported vehicles that are not largely manufactured in North America.
Stellantis recorded a net loss when it took on a liability of €3.3 billion, which, according to the company, was “mainly related to the costs of canceling programs and platform losses, and the net impact of recent legislation that eliminated the CAFE penalty rate and restructuring“.
The enormous tax and spending legislation of U.S. President Donald Trump, approved earlier this month, removed the penalties for not adhering to the so-called CAFE fuel economy standards, meaning that automakers can produce and sell more polluting vehicles in the United States.
Stellantis will publish the audited results for the first half on July 29, as scheduled.
