A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025.
Eva Marie Uzcategui | Bloomberg | Getty Images
Stellantis on Thursday issued a warning on one-off costs through the second half of the year as the embattled automaker seeks to respond to political, economic and regulatory challenges.
The multinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, reaffirmed its financial guidance for the second half of the year, citing continued improvement in net revenues, cash flow and operating income.
Stellantis said, however, that it expects to incur charges in the six months through to December that, once finalized, will be “largely excluded” from its operating income.
Milan-listed shares of Stellantis fell as much as 6% on the news, before paring losses to trade around 4.3% lower at 8:57 a.m. London time. The stock price is down more than 25% year-to-date.
The warning on one-off charges came despite what appeared to be a fairly positive third quarter. Stellantis said net revenues for the July-September period came in at 37.2 billion euros ($43.2 billion), reflecting an increase of 13% year-on-year, mainly driven by growth in its North American and European markets.
Analysts had expected third-quarter net revenues to come in at 36.58 billion euros, according to an LSEG-compiled consensus.
“As we continue to implement important strategic changes in order to provide our customers with greater freedom of choice, we have seen positive sequential progress and solid year-over-year performance in Q3, marked by the return of top-line growth,” Stellantis CEO Antonio Filosa said in a statement.
“We are also taking decisive actions to align Stellantis’ resources, programs and plans to support long-term, profitable growth, including our recently announced $13 billion investment in the U.S.,” he added.
