Confident in his vision, the new CEO aims to put the company back on course
Stellantis, the automotive giant behind 14 car brands, had a rough start to 2025. The company posted a net loss of €2.3 billion, with revenues down 13% compared to the first half of 2024. Sales dropped across key regions—North American shipments fell 23% due to reduced imports of tariff-hit vehicles, while Europe saw a 7% decline amid sluggish B-segment rollouts. China, India, and Asia Pacific also underperformed.
Some losses were offset by a 20% sales boost in South America and a 5% gain in the Middle East and Africa. In total, Stellantis shipped 2.69 million vehicles globally—an 8% year-over-year drop.
New CEO Antonio Filosa acknowledged the uphill battle, warning that restoring profitability will require “tough decisions.” He’s optimistic about fixing Stellantis but admits 2025 has been especially difficult. While no specific restructuring plans were shared, Filosa confirmed Maserati is not for sale, despite mounting speculation and plunging sales—down 57% in 2024 and another 35% in the first half of 2025.
Other underperformers include Lancia (down 73.8% in Europe), DS Automobiles (-20.2%), and both Opel/Vauxhall and Citroën with double-digit declines. On a brighter note, Alfa Romeo surged 33%, while Jeep and Peugeot saw slight gains.
Not all news was bleak—Stellantis has received 200,000 orders for the Avenger in two years and plans to launch several new models in Europe and the U.S. this year. Meanwhile, cost-cutting measures include scrapping the hydrogen fuel cell program and canceling some vehicle projects.
With a sprawling portfolio and uneven brand performance, Stellantis faces a critical period of reevaluation and restructuring.
