Stellantis Posts $2.7B Loss Due to Tariffs, Restructuring Costs and Weak Sales.

Stellantis reported a $2.7 billion first-half loss, reversing a $5.6 billion profit from the same period last year. The automaker incurred $349 million in costs from new US tariffs, with revenue dropping 13% to $74.3 billion. North American vehicle shipments fell 25% in Q2, while global sales declined 10%. Stellantis suspended its full-year outlook in April citing tariff-related uncertainty.

Stellantis, the global automaker, reported a net loss of $2.7 billion for the first half of 2025, marking a significant reversal from the $5.6 billion profit it recorded in the same period last year. The company attributed the loss to a combination of factors, including the early impacts of U.S. tariffs, restructuring costs, and weak demand in core markets.

The company's revenue for the first half of 2025 declined by 13% to $74.3 billion, compared to $85 billion in the same period last year. This was largely driven by a 25% decline in North American vehicle shipments during the second quarter, with global sales falling by 10%. The automaker also incurred $349 million in costs from newly imposed U.S. auto tariffs in the first half alone [1].

Stellantis suspended its full-year financial guidance in April due to uncertainty surrounding tariffs and other factors. The company's new CEO, Antonio Filosa, who took over in May after Carlos Tavares' resignation, emphasized that 2025 would be a year of gradual and sustainable improvement [2].

The company's financial results for the first half of 2025 will be released as scheduled on July 29. Chief Financial Officer Doug Ostermann indicated that the full-year impact of U.S. tariffs could range between $1 billion and $1.5 billion [1].

Industry analysts remained split on the significance of the results. While some noted the early stages of actions being taken to improve performance and profitability, others pointed out that the weak result had largely been anticipated [2].

Stellantis' shares, listed in Milan, fell as much as 3.9% in early trading before paring losses to close down 0.8%. The stock is down 37% year-to-date, reflecting broader sector struggles [2].

References:
[1] https://www.cnbc.com/2025/07/21/stellantis-expects-first-half-net-loss-of-2point7-billion-as-tariffs-bite.html
[2] https://www.btimesonline.com/articles/175036/20250721/stellantis-posts-2point7-billion-first-half-loss-as-tariffs-restructuring-and-weak-u-s-sales-weigh-heavily.htm