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Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025.Auto giant Stellantis on Thursday reported its first-ever annual loss after saying it had over-estimated the pace of the energy transition.The multinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, posted a full-year 2025 net loss of 22.3 billion euros ($26.3 billion), compared to full-year profit of 5.5 billion eur ...

Core Viewpoint - Stellantis reported a net loss of 20.1 billion euros for the second half of 2025, primarily due to significant writedowns related to its electric vehicle (EV) strategy and vehicle quality issues [1]. Financial Performance - The company experienced a 10% year-on-year increase in net revenues for the July-December period [1]. - Adjusted operating income (AOI) was negative at 1.38 billion euros (approximately $1.63 billion) [1]. - Stellantis recorded 25.4 billion euros in writedowns for the year, attributed to overestimating the pace of the energy transition and quality problems linked to cost-cutting measures [1]. Future Outlook - Stellantis reiterated its forecasts for 2026, expecting a mid-single-digit percentage increase in net revenues and a low-single-digit adjusted operating margin [1]. - The company anticipates that industrial free cash flows will only return to positive territory in 2027 [1]. - Stellantis confirmed it would not pay a dividend for the current year [1].

Core Insights - Stellantis is undergoing a significant strategic reset to align its business with customer preferences, focusing on a diverse range of vehicle technologies including electric, hybrid, and internal combustion engines [1][5][9] - The company reported a net loss of €22.3 billion for the full year 2025, primarily due to unusual charges totaling €25.4 billion, reflecting the costs associated with this strategic shift [4][10] - Stellantis aims to return to profitable growth by improving operational efficiencies and enhancing product quality, with a focus on execution in 2026 [1][8][10] Financial Performance - Full year 2025 net revenues were €153.5 billion, a decrease of 2% from 2024, impacted by foreign exchange headwinds and pricing declines in the first half of the year [3][4] - The adjusted operating loss for 2025 was €842 million, resulting in an adjusted operating income margin of (0.5)% [4][10] - Industrial free cash flows were negative €4.5 billion, although there was a 73% improvement in cash flows in the second half of 2025 compared to the same period in 2024 [4][10] Market and Product Strategy - Stellantis is launching a new product wave aimed at broadening market coverage and targeting profitable growth opportunities across various regions, including North America and Enlarged Europe [6][10] - The company plans to re-enter key segments such as mid-SUVs and muscle cars, with notable models like the Jeep Cherokee and Dodge Charger SIXPACK [6][10] - The focus on quality management has led to a significant reduction in vehicle issues reported in the first month of service, with a decrease of over 50% in North America and over 30% in Enlarged Europe since early 2025 [8][10] Future Guidance - Stellantis has reaffirmed its financial guidance for 2026, expecting a mid-single-digit percentage increase in net revenues and a low-single-digit adjusted operating income margin [4][10] - The company anticipates progressive improvements in industrial free cash flows throughout 2026, with expectations of sequential growth from the first half to the second half of the year [10]

雷军（右一） CNMO注意到，这并非雷军首次以直播形式回应公众对小米汽车安全性的关注。进入2026年以来，雷军 已多次通过直播方式，展示小米汽车在研发、测试与制造层面的硬核实力。 【CNMO科技消息】2月27日（本周五）晚7点半，小米集团创办人、董事长兼CEO雷军将开启一场主题 为"关于安全"的专场直播，专门与公众深入探讨小米汽车的安全体系。根据官方信息，此次直播将由雷 军与小米汽车的研发团队共同出镜，向大家介绍小米在安全领域的思考以及产品的安全设计。 就在本月初，雷军曾带领网友"云参观"小米汽车核心实验室，公开了电池包振动试验室的多项严苛测试 流程，包括模拟颠簸路面对电池包造成的振动损伤，以及模拟中高速驶过深坑时的冲击工况。这些测试 覆盖超广温域，远超国标规定的25℃温度范围。更早之前，雷军还在小年夜直播中，带领观众走进高度 自动化的工厂车间，展示了小米汽车在制造端的工业化水准。 值得一提的是，雷军在直播中曾透露，未来五年小米将投入2000亿元用于研发，重点攻坚电池、智能驾 驶等核心技术。目前小米已申请132项电池相关专利，CTB一体化电池体积效率达77.8%，800V高压平 台实现"充电5分钟，续航220 ...

IT之家 2 月 26 日消息，小米汽车官方今日发布预告：2 月 27 日（本周五）晚 7 点半，小米创办人、董 事长兼 CEO 雷军准备了一场「关于安全」的直播，专门跟大家聊聊小米汽车的安全体系。 小米汽车的研发团队和雷总一起，向大家介绍，我们关于安全的思考和产品的安全设计。 小米汽车 密 nl www.ithome.com 26-2-26 14:26 发布于 北京 来自 Xiaomi 17 Pro 2月27日(本周五) 晚7点半,@雷军 准备了一场「关于安全」的直播,专门跟 大家聊聊小米汽车的安全体系。 小米汽车的研发团队和雷总一起,向大家介绍,我们关于安全的思考和产品的安全 设计。欢迎有时间的朋友,一起来直播间观看。 团 收起 | | | 旋转 | | | 查看大图 2月27日晚7点半 電軍直播 (雷军Q) 700000 IT之家注意到，雷军近期已开启数场直播，曾聊过新一代小米 SU7、新一代 SU7 研发故事等，而每次 直播的一大"彩蛋"就是雷军会回应一些热点问题。雷军此前就曾正面回应过 CLTC 工况、小米 SU3 渲 染图、玄戒 O1 读作玄戒 01、小米接触 KOL 事件等热议话题。 值得一提的 ...

对此，蔚来汽车创始人、董事长、CEO李斌发文回应："每次长假回来看到加电报告，都会有惊喜。很 高兴看到今年春节有这么多用户开着蔚来、乐道、萤火虫，驰骋在大江南北，也让蔚来能源连续5天创 下换电单量新高。感谢大家的信任与支持。蔚来将继续夯实补能网络建设，新的一年，我们继续加 电。" 凤凰网科技讯2月26日，蔚来汽车2026春节加电报告出炉。报告显示，累计换电超207万次，较去年春节 日均增长29.4%。提供高速公路充换电量超2500万kWh，占全国高速公路充换电量15%。此外，超18万 用户全程使用换电，从南到北全程换电最远行驶超4000公里。从东到西全程换电最远行驶超3800公里。 ...

来源|凤凰网财经《公司研究院》 曾被称为"中年人一代神车"的雅阁，也大降价了。 广汽本田近日宣布，为庆祝雅阁50周年，老客户复购雅阁e:PHEV车型，仅需13.88万元，较官方指导价 直降10万元，创下上市后最高降价纪录，限量1000辆。 对于这款在华27年的"神车"而言，这样接近腰斩的"骨折价"无疑具有标志性的意义，降价话题也一度冲 上热搜。 图片来源：广汽本田官网 01 神车走下神坛 本田雅阁问世之际，丰田凯美瑞尚未在国内生产，本田雅阁和大众帕萨特、桑塔纳，共同构筑起了国人 对合资车的印象。 凭借相对可靠的"三大件"（发动机、变速箱、底盘）、较低的油耗及保养成本等使用优势，雅阁精准踩 中中年人的购车需求。当广汽本田将这款车型引入国内时，其售价一度高达近30万元，甚至一度需要加 价2万至5万元才能购买。 但伴随国产新能源汽车的浪潮席卷而来，这类曾经需要加价抢购的热销车型也被拉下神坛。 近三年来，广汽本田各地的4S店就陆续推出了终端优惠活动，雅阁的终端成交价较官方指导价优惠幅 度可超过5万元。此次雅阁不仅官方直接降价，而且尝试以限量购买的营销方式获得更多关注。 不仅雅阁，今年早些时候，被称为年轻人一代神车的飞 ...

While Ford's Q4 may have disappointed some investors, the silver lining is that Ford Pro is positioned for growth.Ford Motor Company (F +1.55%), General Motors (GM +1.40%), and Stellantis (STLA 0.71%) certainly have much in common as automakers, especially considering their core profit engine, North America. Despite so much in common, the three stocks have traded wildly differently over the past three years with GM nearly doubling, Ford remaining largely flat with a 9% gain, and Stellantis shedding roughly ...

格隆汇2月26日｜小米董事长雷军公布2026年春节假期小米汽车出行报告：小米汽车车主奔赴归途，足 迹遍布全国，覆盖369座城市。累计行驶里程超4.05亿公里。 辅助驾驶全面提升春节假期出行体验，辅 助驾驶总里程1亿公里。 ...