Revenue Decline and Shipment Challenges

Stellantis reported a significant 14% decrease in net revenues for the first quarter of 2025, totaling €35.8 billion, compared to the same period last year. This downturn is primarily due to a reduction in shipment volumes, with consolidated shipments falling by 9% year on year to 1.2 million units.

Adjusting to Tariff Uncertainties

The automaker has suspended its 2025 guidance, citing "tariff-related uncertainties." Stellantis is actively engaging with governments to navigate these challenges, aiming to "facilitate informed implementation and evolution of policies" while adjusting its production plans accordingly.

Early Signs of Recovery

Despite the downturn, CFO Doug Ostermann highlighted some positive developments. "North America is at a very early stage, with improvement in retail order intake, while we are seeing sequential improvement in EU30 market share. The Company is benefiting from its diverse geographic footprint, as our 'Third Engine' regions delivered positive year-on-year growth in aggregate," Ostermann stated.