Stellantis is anticipating a net loss of €2.3 billion ($2.7 billion) for the first half of 2025, weighed down by €3.6 billion in charges linked to restructuring, impairments, and the initial effects of U.S. tariffs. The result contrasts with a net profit of €5.6 billion recorded in the same period a year earlier.
The company released preliminary financial figures ahead of its official earnings report, aiming to clarify discrepancies between analyst expectations and its actual performance during the period.
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Included in the charges are €3.3 billion in pre-tax expenses related to program terminations, such as the discontinuation of a hydrogen propulsion initiative, as well as platform impairments, restructuring actions, and adjustments tied to U.S. emissions standards.
Stellantis reported first-half revenues of €74.3 billion, down from €85 billion in the prior year, and a cash outflow of €2.3 billion. Second-quarter global shipments were estimated at 1.4 million vehicles, representing a 6% decline from the same period last year.
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The outlook reflects ongoing operational challenges for the automaker, which appointed a new CEO, Antonio Filosa, in May following underperformance earlier in the year. The company had also suspended its 2025 financial guidance earlier this year.