Stellantis announced this Tuesday that it recorded a loss of €2.256 billion in the first six months of 2025, compared to a profit of €5.647 billion recorded in the same period of 2024.
The fourth largest automotive group revealed that it has been heavily affected by U.S. tariffs, as well as weak sales of some of its recent models.
In the statement, Stellantis indicated that it estimates that U.S. tariffs will cost about €1.5 billion this year, of which €300 million was recorded in the first half of 2025. “The company remains strongly committed to engaging with relevant policymakers while continuing to plan for long-term scenarios”.
Net revenues fell by 13% to €74.3 billion compared to the first half of 2024, due to a 26% drop in revenues in North America, to €28.198 billion. Additionally, the reduction in vehicle production and imported components due to tariffs also contributed to the decline in revenues.
Between January and June, Stellantis sold 647,000 vehicles in the region, down from 838,000 in the same period of 2024. There was also a 2% decrease in sales in Europe, to €29.241 billion.
Offsetting the losses in North America and Europe was South America, with a 5% increase in revenue, to €7.769 billion, benefiting from the boost in sales in Argentina.
In global terms, Stellantis’ adjusted operating result in the first half fell by 94%, to €540 million, representing a margin of 0.7%, far from the 10% achieved in the first half of 2024.
“The year 2025 is proving to be a difficult year, but also one of gradual improvements. The signs of progress are evident when we compare the first half of 2025 with the second half of 2024, in the form of better volumes, net revenues, and AOI, despite the worsening of adverse external factors. Our new leadership team, while realistic about the challenges, will continue to make the tough decisions necessary to restore profitable growth and significantly improve results,” said Antonio Filosa, CEO of Stellantis, in a statement.
