Stellantis Reports Hundreds of Trillions in Losses Following Electric Vehicle Strategy Shift
Jakarta — Multinational automotive manufacturer Stellantis has released its full-year 2025 financial results. The company’s strategic shift away from new electric vehicle development has resulted in significant asset write-downs, pushing the company’s balance sheet into negative territory.
According to a report on the Drive website on Monday (2 March) local time, Stellantis stated that these losses resulted from “a strategic shift to place customer preference and freedom of choice back at the centre of the company’s plans.”
For the 2025 calendar year, Stellantis reported net revenue of 153.5 billion euros (approximately 3 quadrillion rupiah), down two per cent compared to 2024.
The loss of 22.3 billion euros (approximately 442.1 trillion rupiah) stemmed from what Stellantis termed “unusual costs throughout the year,” with the company bearing losses of 25.4 billion euros (approximately 503.5 trillion rupiah) whilst adjusting its electrification strategy.
The company is not alone in implementing major changes to its electrification plans, as softening emissions targets in the United States and declining electric vehicle demand in foreign markets have prompted brands such as Ford, Honda, Mercedes-Benz, and Volkswagen to make significant adjustments to their future EV portfolios.
Stronger results in the second half of the year and projections for a return to profitability in 2026 boosted Stellantis shares by six per cent on the New York Stock Exchange.
“Our full-year 2025 results reflect the cost of overestimating the pace of energy transition and the need to restructure our business based on customer freedom to choose from various electric, hybrid, and internal combustion technologies,” said Stellantis CEO Antonio Filosa.
The company reported an 11 per cent increase in vehicle deliveries, driven by strong performance in the second half of the year. A total of 2.8 million vehicles were delivered, up 277,000 units compared to the previous year.
“In the second half of the year, we began to see early signs of progress—initial results from our efforts to improve quality, successful new product launches, and a return to positive revenue growth. In 2026, our focus is to continue closing the execution gap from the past and building momentum to return to profitable growth,” Filosa added.
Stellantis’s 2026 product lineup includes a new-generation mid-size Jeep Cherokee SUV returning after a three-year hiatus, equipped with Jeep’s first closed-loop full hybrid system.
The gasoline ‘Six-Pack’ version of the Dodge Charger (previously launched as an EV), the return of the V8-engined RAM 1500 model, and the mid-size Dodge Dakota pickup truck for the South American market are expected to contribute to brand growth in 2026.
In Europe, Stellantis reported that electric versions of the Citroën C5 Aircross SUV and Jeep Compass, along with a mild-hybrid version of the Fiat 500 (originally launched as an EV), will “strengthen the company’s ability to meet all customer needs.”