Unaudited Preliminary Financials for Stellantis' First Half of 2025 Revealed
Stellantis Reports Q2 2025 Shipment Decline Amid Transition Challenges
Global automaker Stellantis N.V. has announced a 6% year-over-year decline in its consolidated shipments for the second quarter of 2025, amounting to approximately 1.4 million units. The financial results for this period will be disclosed on July 29, 2025.
The decline was primarily influenced by factors in North America and enlarged Europe. In North America, Q2 shipments dropped by around 109,000 units, representing a 25% year-over-year decline. This decrease was mainly due to reduced manufacture and shipments of imported vehicles, affected by tariffs, as well as lower fleet channel sales. However, retail sales in the U.S. remained relatively flat, and Jeep and Ram brands saw a 13% increase in sales.
In enlarged Europe, shipments decreased by about 50,000 units, or 6%, primarily due to product transition factors. This includes the ramp-up phase for newly launched "Smart Car" platform B-segment vehicles and the pause in Fiat 500 internal combustion engine (ICE) model shipments pending the launch of its mild-hybrid successor. Despite this, shipments of the four Smart Cars increased by 45% sequentially from Q1 to Q2 2025, adding about 25,000 units.
Additional factors affecting the overall performance included tariffs causing approximately €0.3 billion in net costs and affecting planned North American production, as well as increased industrial costs and restructuring efforts in H1 2025.
Across Stellantis' other regions, shipments grew 71 thousand units in aggregate, representing a 22% increase year-over-year, mainly driven by a 30% increase in Middle East & Africa and a 20% increase in South America.
Stellantis CFO Doug Ostermann will host a conference call on July 21, 2025, at 8:30 a.m. EDT / 2:30 p.m. CEST to discuss the preliminary first half of 2025 financial figures and answer analyst questions.
It is important to note that this communication contains forward-looking statements, which are subject to inherent risks and uncertainties. Factors such as changes in the global financial markets, general economic environment, demand for automotive products, the ability to launch new products successfully, and the industry-wide transition from internal combustion engines to full electrification may impact these statements.
Stellantis N.V. is a leading global automaker with a unique portfolio of iconic and innovative brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis' financial results, is included in Stellantis' reports and filings with the U.S. Securities and Exchange Commission and AFM.
[1] Source: Stellantis N.V. Investor Day 2021 presentation [2] Source: Stellantis N.V. Q1 2025 Financial Results [3] Source: Stellantis N.V. Q2 2025 Preliminary Results [4] Source: Stellantis N.V. Q1 2025 Financial Results and Q2 2025 Preliminary Results
The electric vehicles sector could see an expanded role within Stellantis' business due to the increasing industry-wide transition from internal combustion engines to full electrification. The finance team at Stellantis will need to consider the financial implications for the manufacturing and sale of electric vehicles during the financial results disclosure on July 29, 2025.
As Stellantis continues to transition its product lineup and invest in electric vehicles, the automotive business may face challenges in terms of finance and industry adaptation, due to the complex nature of new technologies and competitive market demands.
