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Jeep maker Stellantis posts first annual loss in company history after EV writedowns
Stellantis recorded a €22.3 billion net loss in 2025 due to €25.4 billion EV write-downs and a strategic shift back to combustion engines, suspending its 2026 dividend.
- On Feb. 26, 2026, Stellantis NV reported a $26.3 billion net loss for full-year 2025, marking the company's first annual loss since its 2021 formation and a sharp decline from a 5.5 billion euro profit last year.
- Under CEO Antonio Filosa, Stellantis attributed the hit to nearly 25.4 billion euros in one-time write-downs tied to unwinding prior EV investments and restructuring, as he said the results reflect `the cost of over-estimating the pace of the energy transition`.
- Excluding one-time charges, Stellantis recorded an adjusted operating loss of 842 million euro and shipments rose to 5.4 million vehicles in 2025, with second-half shipments up 11% to 2.8 million.
- Investors punished Stellantis, with shares off more than 20% in New York since the EV write-down earlier this month, and Stellantis employees represented by the United Auto Workers will not receive profit-sharing checks this year.
- Stellantis will unveil its new strategy at a May investor day in Auburn Hills, pledging $13 billion midwestern investment and targeting a 25% increase in U.S. retail sales for 2026 amid losses like Ford Motor Co. and General Motors.
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Stellantis Reports Historic Annual Loss Due to Electric Car Write-Downs
Stellantis, the multinational automaker with brands like Jeep and Chrysler, has reported historic annual losses after billions in write-downs for unprofitable electric vehicles (EVs). The post Stellantis Reports Historic Annual Loss Due to Electric Car Write-Downs appeared first on Breitbart.
On Thursday, 26 February, Stellantis published its annual financial report. The group's difficulties in the electricity industry have resulted in a net loss of 22.3 billion euros for 2025. This is a first in more than 20 years for a French group. - Black year for Stellantis, which has the largest loss for a French group since 2002 (Economie).
The car manufacturer announced a historical loss of 22.3 billion euros in 2025. The group, born from the merger between Fiat-Chrysler and PSA, pays for the strategic mistakes of its former leader, Carlos Tavares. The future of PSA sites and of the entire automotive industry in France is threatened.
Stellantis's accounting loss is the second largest ever announced by a French group and also almost the triple of the previous record for a French car group, the Renault in 2020.
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