Stellantis reports Q2 2025 deliveries down 6% and expects H1 net loss of €2.3 Billion

Stellantis announced that global consolidated deliveries for Q2 2025 reached 1.4 million units, marking a 6% year-on-year decline. The drop was mainly driven by production halts linked to newly imposed North American tariffs earlier in the quarter, alongside a smaller negative impact from product transitions in the enlarged Europe region, where several key models are either ramping up following recent launches or awaiting production starts scheduled for the second half of 2025.

The group also released preliminary, unaudited figures for H1 2025, ahead of the final results to be published on July 29, which will be discussed by CEO Antonio Filosa and CFO Doug Ostermann.

For the first half of the year, Stellantis expects:

1. Revenue: €74.3 billion, down from €85 billion in H1 2024
2. Net result: net loss of €2.3 billion, versus a €5.6 billion profit a year ago
3. Operating income: approximately €0.5 billion

The company cited a range of factors weighing on performance, including the early phase of initiatives aimed at improving operational efficiency and profitability, with new products expected to deliver greater benefits in the second half of 2025.

Results were further impacted by net charges of around €3.3 billion, related to program cancellations, platform impairments, the net effect of the recent repeal of U.S. CAFE penalty regulations, and restructuring costs, all of which were excluded from adjusted metrics.

Stellantis also estimated the initial impact of U.S. tariffs at €0.3 billion, alongside a pre-scheduled production shortfall tied to the company’s response plan implementation.