Core Viewpoint - Stellantis will incur approximately €22.2 billion ($26.32 billion) in charges in the second half of 2025 due to restructuring operations and adjustments in its electric vehicle (EV) strategy [1] Financial Impact - The charges include around €6.5 billion in cash outflows over the next four years, stemming from revised product roadmaps and a scaled-down EV supply chain [1] - Most charges, totaling €14.7 billion, are related to changes in product plans and compliance with US emissions regulations, including €2.9 billion in write-offs for scrapped projects and €6 billion from platform impairments [2] - Preliminary results indicate estimated net revenues of €78 billion to €80 billion, a net loss of €19 billion to €21 billion, and adjusted operating income of minus €1.2 billion to €1.5 billion [6] Strategic Adjustments - The company is shifting towards offering hybrids and internal combustion vehicles alongside battery-electric models, with a $13 billion US investment program over four years and the rollout of 10 new vehicles [3][4] - Stellantis has terminated projects deemed unlikely to reach profitable scale, including the planned Ram 1500 BEV [3] Operational Improvements - The company reported early operating improvements, with second-half 2025 shipments expected to reach 2.8 million vehicles, an 11% increase year-on-year, and a sequential rise in US market share to 7.9% [5] - There have been significant reductions in first-month vehicle faults, with over 50% drops in North America and more than 30% in Enlarged Europe since early 2025 [5] Future Outlook - Looking ahead to 2026, Stellantis anticipates a mid-single-digit percentage increase in net revenues, a low-single-digit adjusted operating margin, and year-on-year progress in Industrial Free Cash Flows [7]

When new Stellantis CEO Antonio Filosa took over the multinational automaker, he knew he was stepping into a giant mess. On Friday, Feb. 6, Stellantis' fourth-quarter and second-half 2025 results showed investors just how far the company still has to go to get back on track. Under former CEO Carlos Tavares’ leadership, Stellantis laid off American factory workers, shuffled its C-suite, and forced its U.S. brands to push products that American customers didn’t like. Filosa, 52, on the other hand, shared ...

Another Detroit automaker is paying a steep price as it pulls back from electric vehicles. Stellantis — the global auto giant behind brands like Jeep, Dodge, Ram, and Chrysler — said Friday that it would take a €22 billion ($26 billion) charge tied to a sweeping reset of its electric-vehicle strategy.It's the largest in a wave of recent EV-related write-downs by major global automakers, bringing the total in charges across the industry to $55 billion. In September, Volkswagen recorded a $3.5 billion charg ...

Core Viewpoint - Shares of major European car manufacturers fell sharply due to U.S. President Trump's announcement of impending tariffs on several European countries, impacting the automotive sector significantly [1][3]. Group 1: Market Reaction - Europe's Stoxx Automobiles and Parts index decreased by 2.3% around 8:18 a.m. London time [1]. - Major car manufacturers such as Volkswagen, BMW, and Mercedes-Benz saw their shares drop between 2.5% to 4% shortly after the market opened [2]. - Ferrari's shares listed in Milan fell approximately 2% in early trading, while Stellantis shares also decreased by 2% [2]. Group 2: Tariff Details - Trump announced a 10% tariff on the U.K., Denmark, Norway, Sweden, France, Germany, the Netherlands, and Finland, effective by February 1 [3]. - The tariff is set to increase to 25% starting June 1 [3]. Group 3: Industry Vulnerability - The automotive sector is considered highly vulnerable to tariffs due to the globalization of supply chains and reliance on manufacturing operations in North America [4].

Core Viewpoint - Stellantis CEO Antonio Filosa sees 2026 as a pivotal execution year for the company, which has faced declining market share in recent years [1][2]. Group 1: Company Strategy - Filosa is implementing a turnaround plan that prioritizes the Jeep and Ram brands in the U.S. while reversing many decisions made by his predecessor regarding a focus on all-electric vehicles [1][2]. - The current year is viewed as a "first step" in remaking the company, which was formed through the merger of Fiat Chrysler and PSA Groupe five years ago [2]. - A detailed future strategy will be presented at a capital markets day in the first half of the year, with potential regional refocusing or portfolio adjustments being considered [3]. Group 2: Company Performance - Stellantis' global sales fell 12.3% from 6.5 million in 2021 to 5.7 million in 2024, with U.S. sales collapsing approximately 27% to 1.3 million vehicles during the same period [6]. - The company dropped from fourth to sixth in U.S. sales, with market share decreasing from 11.6% to 8% [6]. Group 3: Company Culture - Filosa emphasizes the importance of building a strong company culture, which includes being customer-focused and fostering teamwork [4][5]. - The next steps in the company's plans will involve a meeting with over 200 executives to discuss capital markets and company culture [4].

Core Insights - Stellantis is investing $13 billion to revitalize its presence in the U.S. market after experiencing a $2.7 billion net loss in the first half of 2025 [1][4] - The company faced challenges due to high prices and outdated products, which negatively impacted its market performance despite initial success post-merger [2][3] - Stellantis has seen a decline in U.S. market share, losing approximately 5% over five years, prompting the need for a strategic investment to regain competitiveness [4] Financial Performance - Stellantis reported growing profits from $15.4 billion in 2021 to $20 billion in 2023, driven by pandemic-era price increases and inventory shortages [3] - The company anticipates trade barriers will cost it $1.7 billion in 2025, influencing its decision to invest in U.S. manufacturing [5] Strategic Initiatives - A portion of the $13 billion investment is allocated to upgrading U.S. factories for both new and existing models, aiming to reduce reliance on imported vehicles and associated tariffs [5] - The investment plan is part of a broader strategy to recapture market share and improve product offerings in response to shifting consumer preferences [4]

Core Insights - Fairhurst Automotive has acquired the former Crossroads Chrysler-Dodge-Jeep-RAM dealership in Prince George, Virginia, renaming it South Richmond Chrysler-Dodge-Jeep-RAM [1] - The acquisition was funded by the Ellenae Fairhurst Entrepreneurial Trust, aimed at building wealth in the Black community [2] - Fairhurst Automotive plans to acquire additional dealerships in 2026 to develop management talent for first-time dealership owners [3] Company Strategy - Fairhurst Automotive partners with individuals who have potential but lack capital, providing operational assistance and allowing them to acquire majority stakes over time [4] - The focus is on African-American candidates, aligning with the legacy of Ellenae Fairhurst [4] - A small percentage of the approximately 18,000 new vehicle dealerships in the U.S. are owned by minorities, including African-Americans [4] Industry Context - Stellantis is more open to selling to first-time dealership owners compared to other manufacturers, valuing business experience over specific new vehicle experience [5][6] - This approach may facilitate greater diversity in dealership ownership within the automotive industry [5][6]

Group 1 - Stellantis N.V. is considered one of the best affordable stocks to buy under $20, with a Buy rating and a price target of €11 set by Jefferies analyst Philippe Houchois [1] - Stellantis announced plans to invest $13 billion over the next four years to support business growth in the US market and expand its domestic manufacturing footprint [2] - This investment is the largest in the company's 100-year history in the US and is expected to introduce five new vehicles, create over 5,000 jobs in several states, and produce a new four-cylinder engine [3] Group 2 - The new investment will increase Stellantis's annual finished vehicle production by 50% over current levels, enhancing its already significant US footprint [4] - Stellantis designs, manufactures, distributes, and sells vehicles under various brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, and others [4]

Core Insights - Stellantis is committing $13 billion over the next four years to enhance American production and create over 5,000 jobs, marking its largest U.S. investment in a century [1][2] - The automaker plans to increase domestic output by 50%, introducing five new vehicles and 19 product updates across various states by 2029 [1][2] Investment Plans - The investment includes reopening the Illinois plant for new Jeep models, adding a midsize truck in Ohio, SUVs in Michigan, and a new engine in Indiana by 2026 [2] - CEO Antonio Filosa describes this initiative as a "once-in-a-century investment" aimed at maintaining competitiveness and providing U.S. consumers with more options in gas, hybrid, and electric vehicles [2] Market Context - This strategic move comes at a crucial time as Stellantis has experienced years of market share losses in the U.S. [2] - The rollout of new products is set to begin next year, pending final state approvals [2]

Core Points - Stalantis plans to invest $13 billion over the next four years to enhance American production and create over 5,000 jobs, marking the largest investment in its 100-year history [1][2] - The automaker aims to increase domestic output by 50%, introducing five new vehicles and 19 product updates across its plants in Illinois, Ohio, Michigan, and Indiana by 2029 [1] - The investment includes reopening the Illinois plant for new Jeep models, adding a midsize truck in Ohio, SUVs in Michigan, and a new engine in Indiana by 2026 [1] Company Strategy - CEO Antonio Felosa describes this investment as a once-in-a-century opportunity to maintain competitiveness and provide consumers with more choices among gas, hybrid, and electric vehicles [2] - The rollout of new products is set to begin next year, pending final state approvals, addressing the company's recent losses in US market share [2]