Stellantis says its sales in the quarter ended 30 June were hit by lower shipments in North America caused by the impact of import tariffs imposed by the US.
Consolidated shipments for the three months ending June 30, 2025 were an estimated 1.4 million units, representing a 6% decline year-on-year, reflecting North American tariff-related production pauses early in the quarter, Stellantis said.
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In North America, Q2 shipments declined approximately 109,000 units compared to the same period in 2024, representing a 25% decline, due to factors including the reduced manufacture and shipments of imported vehicles, most impacted by tariffs, and lower fleet channel sales.
In a preliminary report, Stellantis also projected a first half loss of €2.3 billion, but said that the second half of the year would see some uplift to profitability due to the arrival of new products at dealerships.
European Q2 sales were down 6% versus the same quarter of last year, due ‘primarily to product transition factors’, the company said. Stellantis also said the recently-launched “Smart Car” platform B-segment vehicles ‘continue to ramp up to their full production levels, and prior year comparisons are affected by the hiatus of Fiat 500 ICE pending the arrival of its mild-hybrid successor’.
Shipments of the four Smart Cars (Citroën C3 and C3 Aircross, Opel/Vauxhall Frontera and Fiat Grande Panda) increased 45% sequentially in the Q2 2025 period, or 25,000 units, compared to the Q1 2025 period, the company said.
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Consolidated shipments only include shipments by the Company’s consolidated subsidiaries, which represent new vehicles invoiced to third party (dealers/importers or final customers).
