Stellantis confirms big losses but CEO forecasts rebound, return to profitability
5 Articles
5 Articles
Stellantis, also hit by Trump’s tariffs, sees new CEO vowing for ‘tough decisions’
New Stellantis CEO Antonio Filosa promised “tough decisions” to turn around the money-losing automaker, a raft of new and returning models, and a fresh executive team eager to “roll up our sleeves” and build on encouraging signs in the first half of 2025. But he and CFO Doug Ostermann, speaking to analysts on July 29 from Stellantis headquarters in Amsterdam, were tight-lipped about 2026 and beyond, saying only that an updated strategic plan to …
Stellantis Tariff Losses Hit €1.5bn As Trade War Escalates
Europe’s second-largest automaker Stellantis faces catastrophic financial pressure as US trade tariffs drive losses toward €1.5 billion, threatening plant closures and industry stability. The automotive industry is witnessing unprecedented financial devastation as Stellantis tariff losses reach alarming proportions under the Trump administration’s aggressive trade policies. The multinational corporation, which produces luxury Maserati vehicles a…
The Stellantis group suffered a huge loss in the first half of 2025. This beginning of the year will remain as one of the worst semesters in the recent history of Stellantis. The automobile group, born from the merger between PSA and FCA, has just announced a net loss of 2.3 billion euros. That is about 2.65 billion dollars, over the first six months of the year. A dizzying fall, all the more striking as at the same period last year, Stellantis …
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