Global mobility leader Stellantis NV has reported its first-quarter 2025 financial results, revealing net revenues of €35.8 billion, a 14% decrease compared to the same period in 2024. The downturn was attributed to reduced shipment volumes, an unfavorable product mix across key regions, and the normalization of vehicle pricing following a volatile market cycle. The company’s consolidated global deliveries also declined by 9%, totaling 1.217 million units for the quarter.
Despite these financial setbacks, Stellantis emphasized positive signs of commercial recovery, underpinned by the successful launch of several new and updated models across its global portfolio. Three all-new vehicles—Fiat Grande Panda, Opel/Vauxhall Frontera, and Citroën C3 Aircross—entered the market, accompanied by refreshed versions of the Opel/Vauxhall Mokka, Ram 2500 HD, and Ram 3500 HD.
These product initiatives have already begun to yield results. In the AB30 region of Europe, Stellantis increased its market share by 1.9 percentage points over the previous quarter, reaching 17.3% in Q1 2025. The growth was largely fueled by strong production and availability of popular models like the Citroën ë-C3, Peugeot 5008, and the recently launched Opel/Vauxhall Grandland. The company’s fresh lineup is expected to further boost B-segment vehicle deliveries in the coming months. Stellantis also retained its leadership in the hybrid vehicle segment, and achieved second place in the BEV market, with market shares of 15.5% and 13.0%, respectively.
In the United States, retail performance improved significantly, driven by more than 10% year-over-year growth in retail sales of the Jeep® Grand Cherokee, Compass, Ram 1500, and Ram 2500 models. In March 2025 alone, retail orders rose 82% compared to March 2024, marking the highest monthly order volume since June 2023. The growth was supported by feature enhancements in light-duty trucks, a successful rollout of redesigned heavy-duty trucks, and expanded marketing efforts.
Meanwhile, Stellantis’ “third engine” regions continued to generate strong momentum. In South America, the company maintained its leadership position with a 23.8% market share, representing a 1.5 percentage point increase versus Q4 2024. This success was driven by solid performances in Brazil, Chile, and a rebounding Argentinian market after a relaxation of import restrictions. In the Middle East and Africa, Stellantis focused on localization strategies expected to boost regional sales over the mid-term.
Doug Ostermann, Stellantis Chief Financial Officer, offered a cautiously optimistic outlook while presenting the Q1 results:
“While our revenue results for the first quarter of 2025 came in below last year’s levels, our other key performance indicators reflect early signs of progress in our recovery efforts. In North America, we are seeing the initial phases of retail order growth. In Europe, our AB30 market share is steadily improving, supported by our new and refreshed product launches. We are also benefiting from our strong geographic footprint—our ‘third engine’ regions delivered year-over-year growth in the first quarter.”
Due to the uncertain global trade environment—especially surrounding tariffs—Stellantis has suspended its full-year 2025 financial guidance. The company stated that it is working closely with policymakers to navigate changing trade conditions and is adjusting manufacturing plans and optimizing supply chains to mitigate potential impacts.
In a strategic move to advance its mobility technologies, Stellantis revealed STLA AutoDrive 1.0, its proprietary Level 3 autonomous driving system that enables hands-free and eyes-off driving at speeds up to 60 km/h. Integrated with the STLA Brain and SmartCockpit, this system is a cornerstone of the company’s tech-first strategy to improve automation, user experience, and vehicle intelligence.
Additionally, Stellantis has deepened its partnership with Mistral AI to co-develop an in-vehicle voice-enabled AI assistant. This assistant will allow drivers to interact naturally with their cars using everyday language, enhancing convenience and safety.
As of March 31, 2025, Stellantis held a vehicle inventory of 1.21 million units, in line with year-end 2024 levels. The company’s €0.68 per share ordinary dividend was approved by shareholders and is set to be distributed on May 5, 2025.
Finally, the process of appointing a new permanent CEO is actively underway and is expected to conclude within the first half of 2025, ensuring stable leadership for the company’s next strategic phase.
