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Reading: Auto large Stellantis posts first-ever annual loss after EV writedowns
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Stock Market

Auto large Stellantis posts first-ever annual loss after EV writedowns

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Last updated: February 26, 2026 7:39 am
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Published: February 26, 2026
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Auto large Stellantis posts first-ever annual loss after EV writedowns


Antonio Filosa attends the presentation of the brand new Fiat 500 Hybrid on the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025.

Nurphoto | Nurphoto | Getty Photos

Auto large Stellantis on Thursday reported its first-ever annual loss after saying it had over-estimated the tempo of the power transition.

The multinational conglomerate, which owns family names together with Jeep, Dodge, Fiat, Chrysler and Peugeot, posted a full-year 2025 web lack of 22.3 billion euros ($26.3 billion), in comparison with full-year revenue of 5.5 billion euros a 12 months in the past.

The online loss was impacted by 25.4 billion euros in write-downs from final 12 months, Stellantis mentioned, citing a serious strategic shift.

Stellantis mentioned it had suspended its dividend for 2026, because it had beforehand flagged, and issued as much as 5 billion euros of hybrid bonds. It additionally reiterated its 2026 forecasts, together with a mid-single-digit proportion improve in web revenues and a low-single-digit adjusted working margin.

“Our 2025 full 12 months outcomes mirror the price of over-estimating the tempo of the power transition and of the necessity to reset our enterprise round our prospects’ freedom to select from the total vary of electrical, hybrid and inner combustion applied sciences,” Stellantis CEO Antonio Filosa mentioned in a press release.

“In 2026 our focus shall be on persevering with to shut the execution gaps of the previous, including additional momentum to our return to worthwhile development,” he added.

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