Stellantis has reported Q2 2026 financial results, with net revenues increasing 13% year-over-year to €43.5 billion. It said the improvement was primarily driven by North America, up 32% year-over-year, and supported by South America, up 6% year-over-year. However, Europe was flat and Middle East & Africa and Asia Pacific were down slightly.

Net profit improved to €0.3 billion in Q2 2026 (versus a €1.9bn loss in Q2 last year), reflecting higher volumes and a gradual improvement in operating performance, led by North America. 

In North America, Q2 shipments increased 38%, primarily driven by new or refreshed products and powertrain offerings. Net revenues increased 32%, primarily driven by higher volumes, partially offset by unfavourable foreign exchange translation impacts

NA adjusted operating income/(loss) improved by €0.7 billion driven by higher volumes, operational performance improvements, and reduction of regulatory expenses, partially offset by raw material inflation and higher recall campaign costs.

In ‘Enlarged Europe’ Q2 shipments increased 5%, primarily driven by higher volumes of Fiat 500 and Grande Panda, Citroën C3 Aircross, Opel/Vauxhall Frontera, Jeep Compass and Leapmotor-branded vehicles, notably T03 and B10.

However, net revenues were flat as higher volumes were ‘offset by negative net pricing’.

Adjusted operating income in Europe improved by €0.3 billion driven mainly by increased volumes, operational performance improvements and lower recall campaign costs, partially offset by negative net pricing and raw material inflation.