Jeep Maker Stellantis Posts First Annual Loss in Company History After EV Writedowns

Stellantis' First Annual Loss

Jeep maker Stellantis has reported its first annual loss in company history, citing significant writedowns on its electric vehicle (EV) business.

According to CNBC ^[1], the auto giant scaled back its EV ambitions following a major strategic shift. The results come shortly after the company's decision to scale back its EV ambitions.

Financial Impact

The financial impact of this decision is significant, with Stellantis reporting a net loss of $2.1 billion in 2025. This is a stark contrast to the company's previous years, where it consistently reported profits.

EV Business

The EV business has been a major focus for Stellantis in recent years, with the company investing heavily in electric vehicle technology. However, the company's decision to scale back its EV ambitions has led to significant writedowns on its EV business.

Future Plans

Despite the financial losses, Stellantis has stated that it remains committed to its EV business. The company has announced plans to continue investing in electric vehicle technology and to expand its EV offerings.

Conclusion

The first annual loss in company history is a significant setback for Stellantis. However, the company remains committed to its EV business and plans to continue investing in electric vehicle technology.

Sources

[1] Jeep maker Stellantis posts first annual loss in company history after EV writedowns