Stellantis Reports Net Loss for 2025 Due to $26.2 Billion Charge
Stellantis N.V. officials revealed the company will post a net loss when it reports its full-year earnings later this month, due to a $26.2 billion charge it took as part of a strategic “reset” it began in the second half of 2025.
The biggest chunk of the charge, $17.4 billion, came from write downs related to the realignment of its product plans — moving away from electric vehicles (EVs) — to build vehicles customers are demanding and that meet new U.S. emissions regulations, the company noted. Another $2.4 billion of the initial $26.2 billion is for expenses to resize the company’s EV supply chain
The company didn’t release all of its 2025 earnings numbers, but noted it expected to post a loss between $22.4 billion and $24.8 billion. As a result of the expected loss for the full year, officials said the company will not pay a dividend in 2026. However, officials offered early guidance for 2026, saying it expects to be in the black, but not offering specifics.
“The reset we have announced today is part of the decisive process we started in 2025, to once again make our customers and their preferences our guiding star,” said Stellantis CEO Antonio Filosa in a release.
“The charges announced today largely reflect the cost of over-estimating the pace of the energy transition that distanced us from many car buyers’ real-world needs, means and desires. They also reflect the impact of previous poor operational execution, the effects of which are being progressively addressed by our new team.”
Filosa added the company examined every aspect of the business, looking for ways to improve and then implementing changes. He noted the company was already seeing positive response on the product side.
The company recently announced it was eliminating its entire lineup of plug-in hybrids in the U.S., which included the Jeep Wrangler 4xe, Jeep Grand Cherokee 4xe, Chrysler Pacifica PHEV, and more.
Notably, it eliminated the planned Ram 1500 BEV, making it the second of the Detroit Three automakers to cut an all-electric full-size pickup from its lineup. Ford announced late last year it was cutting the Ford F-150 Lightning but plans to bring it back as an extended-range electric vehicle, or EREV, in 2027.
Additionally, Stellantis brought back some old favorites to its U.S. product portfolio, including the Hemi V8 for the Ram 1500, the gas-powered Dodge Charger SixPack two-door, and the Jeep Cherokee and Compass.
[Images: Stellantis]
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Michael Strong has spent more than 25 years writing about the automotive industry. A Detroit-area native, he’s written about everything from local car shows to product reviews to financial news. Currently he writes and edits for a variety of national and local publications. He’s also a longtime member of the Automotive Press Association and the International Motor Press Association, and a graduate of Georgia Southern University. Hail Southern! Despite a love for ’70s land yachts and BMWs from the late ’80s and early ’90s, his personal vehicle is neither of those.
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Whoever voted to go hard into EVs should have been removed from their leadership positions over a 20B+ write-off. Full stop. Cleanse old heads or young yes men or whoever was advocating for this obvious disaster to prevent repeat.
Build hotrod minivan and run commercials of burnouts, cookouts, and American flags pronto!
@EBFlex they actually sold to the same customer.
enterprise.