Currently reading: Stellantis loses €22.3bn after "over-estimating" EV adoption

"Poor operational execution" under former CEO Carlos Tavares has manifested in financial woe for the giant

Stellantis lost €22.3 billion (£19.5bn) in 2025 as it overhauled its global product plan after “over-estimating the pace” of the shift to electric cars.

The multinational giant recently wrote down €22.2bn (£19.4bn) related to the cancellation of its US-based EV programmes, contributing to a total write-down bill of €25.4bn (£22.2bn).

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SolidState 26 February 2026

The shame that your Chinese import brand is of far higher quality than your home grown tat. Oh and is cheaper.....and has a longer warranty.