Overview
- Stellantis projects a preliminary net loss of €19–21 billion for the second half of 2025 tied to the write-downs.
- The board authorized issuance of hybrid perpetual subordinated bonds up to €5 billion, and industrial liquidity stood at about €46 billion at year-end 2025.
- Management canceled unprofitable programs and platforms, including the previously planned Ram 1500 BEV, and expects roughly €6.5 billion of cash outflows over four years.
- Shares fell as much as about 25% after the announcement, erasing several billion euros of market value, and the company will not pay a 2026 dividend.
- A full industrial and brand plan will be presented on May 21, 2026; some outlets report the ACC Termoli gigafactory has been scrapped, which the company has not confirmed.