stellantis confirms big losses but ceo forecasts rebound, return to profitability
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the stellantis windsor assembly plant is shown on thursday, july 24, 2025.
dan janisse
/
windsor star
after last week’s advance warning that a gusher of red ink would be coming in its next financial report, stellantis on tuesday confirmed the grim news — the global automaker lost $3.58 billion in the first half of 2025 as net revenues plunged 13 per cent.
stellantis blamed tariffs, higher industrial costs and the heavy re-investment needed to re-align its product offerings to meet market demand for the first-half losses.
but new stellantis ceo antonio filosa is pinning company hopes of better days ahead on 10 new models this year and new gas-powered versions of vehicles such as the windsor-built dodge charger and ram 1500 pickup truck.
“2025 is turning out to be a tough year, but also one of gradual improvement,” filosa said.
“signs of progress are evident when comparing h1 (first half) 2025 to h2 (second half) 2024, in the form of improved volumes, net revenues and aoi (adjusted operating income), despite intensifying external headwinds.”
filosa said the company expects the pattern of gradual improvement to continue over the next six months.
despite the large losses so far in 2025, stellantis announced it still has $75 billion in available liquidity on hand.
the company expects to see increased net revenues, low-single-digit adjusted operating income profitability and improved industrial free cash flow in the final six months of 2025.
tariffs cost the firm $480 million in the first six months and the company expects the total bill for u.s. tariffs in 2025 to be $2.38 billion.
filosa was careful, however, to avoid being critical of u.s. president donald trump’s trade policy in a conference call with reporters.
“we understand and we support the general strategy of president trump’s administration to boost job creation and u.s. production,” filosa said.
filosa said the launch of new products in the first half of the year has seen it recover some european market share, while significant refreshes of popular products like the ram 2500 and 3500 heavy duty have improved future orders for the second half.
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the company has also shifted to a more multi-energy strategy to bolster its sales.
the gas-powered, windsor-built dodge charger sixpack will be unveiled publicly in early august and is expected to begin mass production in september. a four-door version will be offered in the last quarter of 2025.
the vehicles are stellantis’s response to muscle car enthusiasts’ wish to have an internal-combustion option in the new-generation charger, which until now had been strictly an electric car.
two versions of the 3.0-litre, twin-turbo hurricane i6 engine will be offered. the company is also exploring if it can fulfill the dreams of muscle car lovers by bringing back the hemi v-8 engine in the charger.
stellantis noted the immediate payoff of announcing the relaunching of the hemi v-8 ram 1500 pickup earlier this month was over 10,000 customer pre-orders being received within 24 hours.
filosa said the easing of emission standards legislation by the trump administration “gives us more flexibility in choosing a better margin-optimized mix between (gas engines) and electrified version of the models that we sell.”
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