The parent company of brands like Jeep, Ram, and Peugeot has announced its first loss since forming in 2021.
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Multi-national carmaker, Stellantis, has published its 2025 full-year financial results.
The company’s strategic shift away from developing new electric products resulted in a writedown that shifted balance sheets into the red.
Stellantis pinned the losses to “a strategic shift to put customer preferences and freedom-of-choice back at the heart of the company's plans,” the brand said, in its media statement.
Stellantis reported net revenues of €153.5 billion ($AU225.1b) for the 2025 calendar year, reflecting a 2 per cent decrease compared to 2024.
Losses of €22.3 billion ($AU37.1b) stemmed from what Stellatis is calling “full year unusual charges”, with the company incurring a €25.4 billion ($AU42.2b) loss as it adjusted its electrification strategy.
The company is not alone in making sweeping changes to its electrification plans, as softening emissions targets in the USA, and reduced demand for EVs in overseas markets have seen brands like Ford, Honda, Mercedes-Benz, and Volkswagen, among others, make massive changes to their future EV portfolios.
Stronger second-half results and a forecast return to profitability in 2026 saw Stellantis stock rise by 6 per cent on the New York Stock Exchange.
“Our 2025 full year results reflect the cost of over-estimating the pace of the energy transition and of the need to reset our business around our customers' freedom to choose from the full range of electric, hybrid and internal combustion technologies.” Stellantis CEO Antonio Filosa said in a statement.
The company reported an 11 per cent increase in vehicle deliveries, based on a strong second half of the year. 2.8 million vehicles were shipped, an increase of 277,000 year-on-year.
North America was the biggest contributor to the group’s vehicle count, adding 231,000 units, up 39 per cent compared to 2024.
“In the second half of the year we began to see initial, positive signs of progress with the early results of our drive to improve quality, strong execution of the launches of our new product wave and a return to top line growth. Filosa said.
“In 2026 our focus will be on continuing to close the execution gaps of the past, adding further momentum to our return to profitable growth.”
2026 products from the automaker include the new-generation Jeep Cherokee medium SUV, returning after a three-year hiatus, with Jeep’s first full ‘closed loop’ hybrid system.
Petrol-powered ‘Six-Pack’ version of the Dodge Charger (which launched as an EV), the return of V8-powered RAM 1500 models, and the South American Dodge Dakota mid-size pick-up are all expected to contribute to growth for the brand in 2026.
In Europe, Stellantis reports that electric versions of the Citroen C5 Aircross and Jeep Compass SUVs, and a mild-hybrid version of the Fiat 500 (launched as an EV initially) will “further strengthen the company's ability to meet the full range of its customers' needs.”
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Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.
