Stellantis warns of higher US tariff costs as it reports €22bn loss
Fiat and Jeep owner under fire for revival of combustion-engine models amid increased competition in UK and Europe
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Stellantis warns of higher US tariff costs as it reports €22bn loss
Fiat and Jeep owner under fire for revival of combustion-engine models amid increased competition in UK and Europe
Read full article →Stellantis announces 22.3-billion-euro net loss for 2025
(ANSA) - ROME, FEB 26 - Stellantis said Thursday that it made a net loss of 22.3 billion euros in 2025, having announced earlier this month it was making a huge write-down on its balance sheet as part of a reset after it overestimated the pace of the transition towards electric vehicles. The Italian-French-American group, whose brands include Jeep, Peugeot, Fiat, Lancia, Maserati, Alfa Romeo and Chrysler, said the loss was driven by 25.4 billion euros in charges primarily related to a profoun...
By ANSA
Read full article →Automaker Stellantis posts massive loss, pivots from EV
Troubled automaker Stellantis, behind brands like Jeep and Fiat, announced Thursday a net loss of 22.3 billion euros ($26.3 billion) for last year, blaming a lack of demand for electric vehicles. The post Automaker Stellantis posts massive loss, pivots from EV appeared first on Vanguard News.
By Emmanuel Okogba
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