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Stellantis Q1 Revenue Falls 14% to €35.8B; Shipments Down 9% to 1.22M Units on North America Downtime And EU LCV Weakness; Suspends 2025 Guidance Due To Tariff-Related Uncertainties

Benzinga·04/30/2025 06:13:34
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• Net revenues of €35.8 billion, down 14% compared to Q1 2024 primarily due to lower shipment volumes, as well as unfavorable mix and pricing 

• Consolidated shipments(1) of 1,217 thousand units, down 9%, reflect lower North American production, a consequence of extended holiday downtime in January, product transition impacts and lower industry LCV volumes in Enlarged Europe
• The Company is suspending its 2025 financial guidance due to tariff-related uncertainties 

• The Company is highly engaged with policymakers on tariff policies, while taking action to reduce impacts