Stellantis posts historic first annual loss. The automotive giant, which owns Jeep, Dodge, Fiat, and Chrysler, reported a 22.3 billion euro net loss for 2025, a dramatic swing from 5.5 billion euros in profit the previous year. The company blamed 25.4 billion euros in write-downs on overestimating the pace of the energy transition. CEO Antonio Filosa stated the company must reset its strategy around customer choice across electric, hybrid, and combustion technologies. Stellantis suspended its 2026 dividend and issued hybrid bonds as part of its turnaround. The company expects to return to profitable growth in 2026 while targeting positive industrial free cash flow by 2027. Stock shares have declined over 31% this year amid the strategic challenges.
