Stellantis is shifting its strategy to emphasize customer choice across EVs, hybrids and advanced internal combustion engines, canceling unprofitable BEV programs such as the planned Ram 1500 BEV while expanding popular nameplates and powertrains. The company announced a $13 billion investment over the next 4 years to drive growth in the U.S. The company is executing a significant strategic reset following disappointing 2024-2025 performance under previous leadership.
Cyborg Score Rationale
Stellantis' global sales fell 12.3% from 6.5 million in 2021 to 5.7 million in 2024, with U.S. sales collapsing roughly 27% in that period to 1.3 million vehicles. The automaker announced $26 billion in charges from a business restructuring that includes pulling back on electrification plans. However, recent management changes and strategic repositioning indicate recovery efforts are underway.
Top Insights
H2 2025 consolidated shipments rose 11% year-over-year to 2.82 million units, with Q4 2025 shipments at about 1.5 million units, up 9% year-over-year, led by 39% growth in North America.
The majority of the €22.2 billion charges are 14.7 billion euros related to realigning product plans with consumer preferences and new emission regulations in the U.S., largely reflecting significantly reduced expectations for BEV products.
The automaker also canceled its dividend for 2026 and issued a 5 billion euro nonconvertible hybrid bond.
Former CEO Carlos Tavares resigned in December 2024, two years before his contract was set to expire, amid internal friction with the board and worsening financial performance.
Named Competitors
General Motors — Large diversified automaker with EV and traditional vehicle portfolio
Volkswagen Group — Leading global automaker with premium and volume brands
Toyota — World's largest automaker with strong hybrid and EV capabilities
Ford Motor Company — Major U.S. automaker with trucks, SUVs and EV transition
Recent Developments
(February 2026) Stellantis announced €22.2 billion in charges for business restructuring, including reduced BEV expectations and strategic pivot toward powertrain choice
(February 2026) Q4 2025 shipments reached 1.5 million units (+9% YoY) with North America growth of 43%
(February 2026) NextStar Energy JV with LG Energy Solution dissolved; company exits U.S. battery venture with Samsung SDI
(January 2026) New CEO Antonio Filosa announced commitment to keep company integrated and $13 billion U.S. investment plan
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