Stellantis Reports Significant Revenue Decline in First Quarter

In a surprising turn of events, Stellantis announced a 14% drop in its net revenues for the first quarter of 2025, totaling €35.8 billion. This decline is primarily due to reduced shipment volumes, with consolidated shipments falling by 9% year on year to 1.2 million units.

Adjusting to Global Challenges

The automotive giant has suspended its 2025 guidance, citing "tariff-related uncertainties" as a major concern. In response, Stellantis is actively engaging with governments to navigate these challenges and adjust its production plans accordingly.

Regional Performance Highlights

Despite the downturn, CFO Doug Ostermann highlighted some positive developments. North America shows early signs of recovery with improved retail order intake, while the EU30 market is witnessing a sequential improvement in market share. Additionally, the company's 'Third Engine' regions have collectively achieved positive year-on-year growth in Q1 2025.