Stellantis NV reported a net loss of €20.1 billion for the second half of 2025, following €22.2 billion in charges linked to a scaling back of its electric vehicle (EV) ambitions.

Stellantis CEO Carlos Tavares abruptly resigned on Sunday, just two months after the company issued a profit warning. The maker of Jeep, Fiat, and Peugeot cars has seen its value drop by around 40% this year.