Stellantis: Downward Revision on US Import Tariffs and Large Market Share Losses in Home Countries

In the quarter -12.2%, a share down to 15.5% (ANSA)

Stellantis: Downward Revision on US Import Tariffs and Large Market Share Losses in Home Countries

We've lowered our fair value estimate of Stellantis and raised its Uncertainty Rating.

EVs gain, Stella loses in Europe

In Europe (EU, EFTA, and UK combined), Stellantis’ market share and actual volume both fell from the first quarter 2024 to the first quarter 2025, according to the European automakers’ group ACEA. In Q1 2024, Stellantis enjoyed a 17.6% market share; for Q1 2025, that’s down to 15.5%. Actual volume dropped from 598,243 to 525,283, ...