Overview
- Stellantis will book about €22 billion of exceptional charges in 2025, which the company says stem largely from overestimating the pace of electrification.
- Approximately €14–14.7 billion of the total is tied to revising the product lineup in the United States.
- The company expects a net loss for 2025 and will not pay an annual dividend in 2026.
- The board authorized the issuance of up to €5 billion in perpetual hybrid bonds to preserve balance‑sheet strength.
- Stellantis shares slumped in Paris trading, with double‑digit declines reported, as investors reacted to the reset and as peers Ford and GM also recorded large EV‑related charges; 2025 results are due Feb. 26 and a new strategy is slated for May.