11:41 AM EDT, 07/21/2025 (MT Newswires) -- (Updates with additional details in the sixth paragraph and recent share movement in the final paragraph.)
Stellantis ( STLA ) reported Monday an H1 preliminary loss of 2.30 billion euros ($2.68 billion).
Preliminary revenue for H1 was 74.3 billion euros.
Vehicle shipments for the three months ending June 30 fell 6% year-over-year to 1.4 million units amid US tariff-related production delays and European product transitions.
Stellantis ( STLA ) said it is in the early stages of improving profitability, with new vehicle launches expected to drive better results in H2.
Full financial results are scheduled to be released on July 29, it said.
The automaker said US tariffs had a 300 million euro impact on H1 results and that the results were also impacted by pre-tax net charges totaling about 3.3 billion, mainly related to program cancellation costs, platform impairments and restructuring.
Shares were up 2.5% in recent trading.
Price: 9.43, Change: +0.23, Percent Change: +2.45