What Stellantis's heavy loss reveals about the health of the auto industry
Stellantis has announced a loss of €2.3 billion for the first half of the year. Weighed down by customs duties and declining sales, the auto giant is casting a chill over the sector, according to the Belgian business daily L'Écho.
The markets seemed to be expecting it, having sent the stock price plummeting 38% since the beginning of the year on the Paris Stock Exchange. But the warning issued this Monday [July 21] by the automotive giant Stellantis is still shaking the sector. For the first half of 2025, the Franco-Italian-American multinational expects to announce a net loss of 2.3 billion euros when it publishes its full results on July 29.
At the end of April, Stellantis had suspended its financial forecasts, forcing investors to rely on analysts' estimates of future results. As a result, the group finally decided to release some preliminary figures for the past half-year, a week ahead of schedule.
Its revenues should be 74.3 billion euros over the period, down 12.5% year-on-year, but slightly higher than those of the second half of 2024, while the number of vehicles delivered is expected to fall by 6%, to 1.44 million. As for the expected negative net result of 2.3 billion, this compares to the net profit of 5.6 billion euros that had still been recorded in the first half of 2024.
As the group at the head of Peugeot, Citroën, Fiat explains,
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