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

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

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