Stellantis has rebounded from last year’s losses, posting a €670 million profit in the first half of 2026. Strong growth in North America and improved operating margins signal a decisive shift for the group.
Stellantis has posted a €670 million profit for the first half of 2026, marking a dramatic turnaround from the €2.26 billion loss recorded in the same period last year. The automaker, formed by the merger of PSA and FCA, saw its adjusted operating profit triple to €1.73 billion, with the operating margin rising to 2.1%—an increase of nearly 1.4 percentage points year-on-year.
The group’s recovery was powered by robust performance in North America. Vehicle shipments in the region surged by 27.1%, reaching 824,000 units, while revenues climbed 21.2% to €34.3 billion. This momentum helped offset more modest gains in Europe, where sales rose 8.3% to 1.4 million vehicles, but revenue growth was limited to just 0.6%, totaling €30.8 billion.
Across all markets, Stellantis increased its total shipments by 10.3% to nearly 3 million vehicles in the first six months of the year. Group-wide revenues grew by 3%, reaching €81.6 billion. According to elespanol motor, these results reflect the impact of Stellantis’s ongoing FaSTLAne 2030 strategy, which aims to streamline operations and launch new products on schedule.
Antonio Filosa, CEO of Stellantis, emphasized the company’s confidence in meeting its financial targets for 2026, citing the successful rollout of new models and the continued execution of strategic plans. The group’s roadmap includes a planned reduction of European production capacity by 800,000 units by 2030, targeting 3.85 million vehicles manufactured in the region.
Despite the positive results, Stellantis continues to face headwinds from U.S. tariffs. The company expects these tariffs to have a negative impact of €1–1.2 billion in 2026, with first-half costs holding steady at €300 million compared to last year. Management anticipates that the bulk of second-half performance will be concentrated in the fourth quarter, following a summer production pause and ongoing operational improvements.
For context, Stellantis is one of the world’s largest automotive groups, with a portfolio that includes brands such as Peugeot, Fiat, Jeep, and Opel. The company’s recent results highlight the growing importance of the North American market, as well as the challenges posed by shifting trade policies and the need for operational efficiency in Europe. The group’s ability to sustain its recovery will depend on maintaining momentum in key regions and navigating ongoing regulatory pressures.
