Overview
- Stellantis flagged a preliminary net loss of €19–21 billion for H2 2025, suspended its 2026 dividend and authorized up to €5 billion in subordinated hybrid bonds, citing about €46 billion in industrial liquidity.
- The charge includes €14.7 billion to realign products with demand—€2.9 billion for canceled models and €6.0 billion for platform impairments—plus €2.1 billion to resize the EV supply chain and additional warranty and restructuring costs.
- Management scrapped the Ram 1500 battery-electric pickup, is reinstating a HEMI V‑8 option on the Ram 1500 and says future EV rollouts will track customer demand under a “freedom of choice” strategy.
- Stellantis agreed to sell its 49% stake in the NextStar Energy battery joint venture in Canada to partner LG Energy Solution as it pares back planned battery capacity.
- Shares fell roughly 20%–26% in Milan, Paris and New York, and the company set Feb. 26 for full-year 2025 results with a new strategic plan presentation scheduled for May 21.