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Stellantis N.V. (NYSE: STLA), the maker of Dodge, Jeep, Chrysler, and Ram, said it expects to take a $2.7 billion earnings loss in the first half of this year.
Charlotte Reed digs through Stellantis' numbers after the automaker warns of a €2.3 billion net loss in the first half of the year.
Stellantis (STLA) said Monday that it swung to a net loss in the first half of the year, as the Big Three automaker was hit by tariffs as well as restructuring costs and a sales slump.
Stellantis NV (NYSE:STLA, EPA:STLA) has taken the unusual step of disclosing preliminary first-half results ahead of schedule, revealing a net loss of €2.3 billion after major restructuring and impairment charges. The Fiat and Chrysler car maker booked €3.6 billion in costs tied to programme cancellations, platform changes and the first impact of new US tariffs.
Stellantis on Monday guided for a surprise loss in the first half of the year, as the Jeep and Ram pickup truck maker flagged a big charge ahead of results next week.
Stellantis released preliminary estimates for the first six months of the year shortly after withdrawing its full-year financial guidance.
Automaker Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) for the first half of 2025, it said on Monday, as it forecast an initial hit of 0.3 billion euros from U.S. import tariffs on its half-year results.
Stellantis (STLA) closed the most recent trading day at $9.2, moving 2.23% from the previous trading session.
Results of the Stellantis 2025 Extraordinary General Meeting of Shareholders AMSTERDAM, July 18, 2025 – Stellantis N.V. (“Stellantis”) announced today that shareholders approved the appointment of Antonio Filosa as a member of the Board of Directors and an executive director of Stellantis at the Extraordinary General Meeting (EGM).
Renault stock was plunging while Stellantis, Ford, and General Motors held steady.