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Stellantis

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Ram Reboots the ProMaster City on a Proven European Van Backbone
business1 month ago

Ram Reboots the ProMaster City on a Proven European Van Backbone

Ram is reviving the ProMaster City for 2027 by using a European-built van platform shared across Citroën, Fiat, Peugeot, Opel, Toyota and others. The rebadged van will be assembled in Bursa, Türkiye, with a 1.6-liter inline-four producing 166 hp and 221 lb-ft, offering about 167 cubic feet of cargo space, a 2,000 lb payload and 2,000 lb tow capacity. It can be ordered as cargo or passenger with five or eight seats, and will be offered in two trims with a base price under $40,000. Stellantis is leveraging a proven, widely-sold platform to fill a midsize van gap that disappeared after 2023, banking on demand from fleet and trades.

via The Autopian|
#business#citroen-dispatch#european-van-platform
Dodge Chief Takes Chrysler and Alfa Romeo NA Lead in Stellantis Shakeup
business1 month ago

Dodge Chief Takes Chrysler and Alfa Romeo NA Lead in Stellantis Shakeup

Stellantis appoints Dodge CEO Matt McAlear to lead Chrysler and Alfa Romeo in North America after chief executive Chris Feuell exits for personal reasons. Feuell’s tenure left Chrysler with a two‑model lineup centered on the Pacifica/Voyager and yielded little revival, while Alfa Romeo NA sales declined amid leadership reshuffles. McAlear, a 13‑year Stellantis veteran who previously oversaw Dodge and the Charger launch, inherits a reorganizing corporate structure and a brand portfolio with an uncertain product plan beyond a planned 2027 Pacifica refresh as the automaker reevaluates its North American strategy.

via Carscoops|
#alfa-romeo#business#chris-feuell
Stellantis Skips Profit Sharing as Tariffs Bite, UAW Reacts
business1 month ago

Stellantis Skips Profit Sharing as Tariffs Bite, UAW Reacts

Stellantis posted a $2.2 billion North American loss last year, largely due to tariffs costing about $1.4 billion, leaving no margin to fund profit-sharing for 2025 and resulting in zero payouts for UAW workers—unlike Ford and GM, which still paid bonuses, and unlike Stellantis’ Italian salaried bonus which was also zero. UAW leaders criticized management amid a broad corporate reset, with hopes that improved results in 2026 could restore payouts if targets are met.

via Carscoops|
#auto-industry#business#profit-sharing
Stellantis’s EV gamble backfires, prompting a pivot back to combustion
business1 month ago

Stellantis’s EV gamble backfires, prompting a pivot back to combustion

Stellantis says its forecast for rapid EV adoption was wrong, posting a 2025 net loss of $22.3 billion after $25.4 billion in unusual charges tied to its electric transition, canceling several EV programs and admitting weak U.S. EV sales; the company will reallocate more toward internal-combustion and hybrid models while continuing plug-ins, with Ram and Jeep key to return to profitability, and expects 2026 to bring improved execution and growth.

via InsideEVs|
#business#ev#financial-results
Stellantis Stumbles on EV Push, Bets Big on Combustion Comeback
business1 month ago

Stellantis Stumbles on EV Push, Bets Big on Combustion Comeback

Stellantis reported a net loss of $26.3 billion for 2025, hit by about $29.9 billion in unusual charges tied to its costly EV push, with net revenues falling 2% to $180.8 billion. CEO Antonio Filosa said results reflect overestimating the energy transition and the need to reset around customers’ freedom to choose from electric, hybrid, and internal-combustion tech. As U.S. demand leans back toward gas-powered vehicles and Europe revisits diesel, Stellantis is pivoting toward combustion and hybrid offerings and expects a mid-single-digit revenue gain in 2026.

via Gizmodo|
#2025-loss#automotive-industry#business
Stellantis withholds 2025 U.S. profit checks as NA margins slip
business1 month ago

Stellantis withholds 2025 U.S. profit checks as NA margins slip

Stellantis says UAW-represented workers won’t receive a 2025 profit-sharing payout because North America operating margin missed the thresholds set in the 2023 labor agreement, marking the first such omission since 2011; Ford and GM are paying thousands to their workers for 2025, while Stellantis posted a -3.1% margin in North America for 2025 and historically paid up to about $14,760 in 2022 and $13,860 in 2023, with payouts tied to margin and hours worked. The company cites a challenging year and notes actions like reintroducing the Hemi V-8 to support 2026 results.

via The Detroit News|
#automotive-industry#business#north-america
Stellantis pivots after first-ever annual loss from EV writedowns
business1 month ago

Stellantis pivots after first-ever annual loss from EV writedowns

Stellantis reported its first-ever annual net loss for 2025, hit by €25.4 billion in write-downs as it trims its EV ambitions and pivots to a broader mix of propulsion options; the €22.3 billion loss follows €5.5 billion profit in 2024. The company suspended its 2026 dividend and issued up to €5 billion in hybrid bonds, but kept guidance for 2026 of mid-single-digit revenue growth and a low-single-digit adjusted operating margin. In H2 2025, shipments rose to 2.8 million with net revenues up 10% to €79.25 billion, and Stellantis expects positive industrial free cash flow in 2027 as it aims to return to profitable growth.

via CNBC|
#2026-guidance#annual-loss#business
Stellantis resets strategy after 2025 losses, targeting growth in 2026
business1 month ago

Stellantis resets strategy after 2025 losses, targeting growth in 2026

Stellantis posted full-year 2025 net revenues of €153.5 billion (−2% vs 2024) and a net loss of €22.3 billion, driven by €25.4 billion in unusual charges tied to a strategic reset to prioritize customer choice. Adjusted operating income was −€0.842 billion (AOI margin −0.5%), and industrial free cash flow was −€4.525 billion. The second half showed improvement, with 10% revenue growth and a reduced IFCF loss. For 2026 the company reiterates guidance for mid‑single‑digit net revenue growth, low‑single‑digit AOI margin, and improved IFCF (including €2 billion in 2026 payments related to H2 2025 charges), suspends the 2026 dividend, and plans up to €5 billion of hybrid bonds to bolster liquidity as it expands a broad product wave across regions toward profitable growth (with the aim of positive IFCF in 2027).

via Stellantis.com|
#2025-results#automotive#business
Dividend Pause Reshapes Auto Stock Playbook
investing1 month ago

Dividend Pause Reshapes Auto Stock Playbook

Stellantis’ $25.9 billion one‑time charges tied to its EV push and warranty costs have led to a suspension of the 2026 dividend, underscoring how aggressive EV bets can strain cash flow; GM and Ford have weathered the period with differing stock paths. Moody’s downgraded Stellantis to Baa3, signaling higher borrowing costs and a longer, tougher turnaround even as the company projects about $7 billion in 2026 operating profit (up from $3 billion in 2025) and a hoped-for U.S. sales rebound. With the dividend in question, investors may reconsider Stellantis and look at stronger automakers like Ferrari or GM as potential alternatives until profitability and cash flow stabilize.

via The Motley Fool|
#dividends#ev#ford
Jeep Cherokee Relaunch Poised to Kickstart Stellantis’s U.S. Sales Rebound
business1 month ago

Jeep Cherokee Relaunch Poised to Kickstart Stellantis’s U.S. Sales Rebound

Stellantis is counting on the 2026 Jeep Cherokee, its first traditional hybrid and most fuel-efficient gas‑powered Jeep, to drive a U.S. sales rebound and reach roughly 1.15 million vehicles in 2026 (about a 25% gain). The Cherokee will be produced at Toluca, Mexico, with expansion plans anticipated, and pricing is set around $37,000–$46,000 to compete with rivals like the Toyota RAV4 and Honda CR-V.

via CNBC|
#business#cherokee#hybrids
Stellantis’s EV gamble exposes a carmaker bogged down by debt and missteps
transportation1 month ago

Stellantis’s EV gamble exposes a carmaker bogged down by debt and missteps

Stellantis, the parent of Jeep and Dodge, booked a $26.5 billion hit on its EV bets and a $16.7 billion charge for warranties and recalls, highlighting deeper issues beyond a single misstep. The company remains heavily reliant on trucks and SUVs, suffers from a bloated brand lineup and leadership turnover, and faces regulatory and market headwinds as EV demand cools. Europe’s diesel revival and uneven EV execution complicate a turnaround, even as Stellantis pursues new EVs and battery tech to regain momentum amid stiff competition.

via The Verge|
#automotive-industry#brand-consolidation#electric-vehicles
Stellantis retreats from EV hype with a $26B write-down and strategic pivot
business2 months ago

Stellantis retreats from EV hype with a $26B write-down and strategic pivot

Stellantis posts a $26.2 billion write-down as it resets its electrification plan after overestimating the pace of the energy transition, joining Ford and GM in trimming EV bets. Charges cover canceled Jeep EVs, non-amortized platform costs, cash obligations, supply-chain cuts, and European job impacts. The company will accelerate US investments ($13B) to add 5,000 jobs and expand trucks/SUVs, including a Ram 1500 V8 and a gas Dodge Charger, reflecting a shift toward realism about demand and execution.

via Ars Technica|
#auto-industry#business#electrification
Stellantis Reorients Strategy Around Customer Choice to Drive Profitability
business2 months ago

Stellantis Reorients Strategy Around Customer Choice to Drive Profitability

Stellantis unveiled a strategic reset to align its portfolio with real-world customer demand for EVs, hybrids and ICE, taking about €22.2 billion in charges in H2 2025 (including roughly €6.5 billion cash) and suspending the 2026 dividend as it issues up to €5 billion of hybrid bonds; it also plans a roughly $13 billion U.S. investment, new models and a major reorganization to restore growth and improve net revenues, AOI margin and industrial free cash flow in 2026, supported by about €46 billion in industrial liquidity. Early results show H2 2025 volume rose 11% to 2.8 million units with higher orders and improved quality, while 2025 ends in a net loss before the planned improvements take hold.

via Stellantis.com|
#2025-results#business#ev-strategy
Stellantis Hits Reset Button, Takes $26B EV Charge as Demand Shifts
business2 months ago

Stellantis Hits Reset Button, Takes $26B EV Charge as Demand Shifts

Stellantis unveiled a major strategic reset, booking about €22.2 billion ($26.2B) in charges tied to canceled EV programs and a realignment of its EV plans and supply chain; the move spooked investors with shares dropping up to ~30%. The company posted a 2025 net loss and said no dividend will be paid in 2026, though CEO Antonio Filosa expects profitability in 2026. The charges reflect over-optimistic EV pacing and a demand-driven energy transition. The European regulatory backdrop remains tricky, as the EU shifted from a 100% combustion-engine ban by 2035 to a 90% ban, leaving room for hybrids or ICE vehicles, complicating the path for Stellantis and others in Europe.

via cnn.com|
#business#earnings#ev