Stellantis delayed financial guidance reports earlier this year due to economic uncertainty, but it just released some early numbers, and they don’t paint a pretty picture. The automaker said it expects to lose approximately $2.7 billion through the first half of 2025 and said it had seen a significant drop in new vehicle shipments.
Stellantis said it would eat $300 million in additional tariff shipping expenses, but the bulk of that $2.7 billion loss comes from its decision to cancel planned production output, a move the automaker also made in response to tariffs. The automaker also cited exchange rates and other factors.
The more pressing problem for Stellantis may be the decline in sales, which the company partially blames on falling fleet sales and new models like the Fiat 500 Hybrid that have not been on sale long enough to reach full production capacity. Stellantis saw a 25 percent decrease in shipments to North America and a six percent global drop.
Stellantis’ new CEO Anthony Filosa and others at the company have begun making changes to hopefully help the automaker turn the corner. Ram is bringing back the Hemi V8 in 2026 after a couple of years without one, and the electric Charger Daytona is getting a gas engine to help boost sales. At the same time, Stellantis has consistently tamped down rumors that it may sell Chrysler or Maserati to raise cash, but anything is likely possible as the company scrambles to stay afloat.
[Images: Stellantis]
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