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Stellantis (NYSE: STLA. STLAM.MI) today posted Q2 2026 financial results showing modest improvements in operating results that are still negatively affected by previous capital investments and management’s neglect of key brands, compounded by the ongoing negative effects of the foreign policy wars and tariff impositions of the Trump mis-administration that all global automakers are dealing with.* The 2026 net tariff gale Stellantis is sailing into is now estimated to be at €1.0 billion to €1.2 billion of costs. During H1 2026 net tariff costs were €0.3 billion, including an International Emergency Economic Powers Act (IEEPA) tariff refund of €0.4 billion.
“The second quarter was marked by continued progress, led by North America and supported by important contributions from all other regions. We improved performance across our key financial metrics with Net revenues, AOI and Industrial free cash flows all showing significant gains. With implementation of our FaSTLAne 2030 strategy well underway and this year’s exciting new product launches on time and on track, we remain confident of delivering our 2026 financial guidance,” said Antonio Filosa, CEO.
Stellantis Confirmed its 2026 financial guidance, stating:
Stellantis Q2 2026 Regional Performance
North America: Sales increased 6% versus Q2 2025, achieving the fourth consecutive quarter of year-over-year growth with 6% increase in the U.S., 1% decrease in Canada and 17% increase in Mexico.
- Stellantis outperformed the U.S. industry trend which was down 0.3% in Q2 2026, including year-over-year increases in retail sales of Jeep® Grand Wagoneer up 43%, Ram 1500 up 9%, Dodge Durango up 9%, and Chrysler Pacifica up 7%. North America market share increased to 7.4%, up 40 basis points year-over-year, driven by new product and powertrain offerings, as well as Ram, whose U.S. sales increased approximately 11% year-over-year. Mexico’s sales increased 17%, 19% year-over-year including Leapmotor [see Leapmotor below – AutoCrat.] delivering the strongest Q2 on record.
Enlarged Europe: EU30 sales increased 3% versus Q2 2025, 7% including Leapmotor, driven primarily by Smart Car. EU30 market share was 16.0%, down 80 basis points year-over-year or 16.8% including Leapmotor, down 10 basis points.
- Sales growth was supported by a diversified portfolio across BEV, hybrid and ICE powertrains, including the launch of the Fiat Grande Panda ICE on the Smart Car platform. The C-SUV portfolio continues to strengthen, supported by DS N7, Lancia Gamma and Jeep® Compass 4xe.Stellantis reaffirmed its leadership in the EU30 LCV segment, achieving a 28.7% market share. Leapmotor continues to gain momentum with sales growing sixfold year-over-year.
South America: Sales decreased 2% versus Q2 2025, 1% including Leapmotor. Despite a market share decrease, Stellantis maintained its regional leadership with a 19.1% market share, 19.4% including Leapmotor.
- Stellantis maintains No. 1 positions in Brazil and Argentina, with market shares of 25.6% and 26%, respectively. Overall, Q2 2026 Ram sales in Brazil grew 10% year-over-year and ~30% year-over-year in June 2026, strengthening Stellantis’ position in the important Brazilian pickup market.
Middle East & Africa: The region remained resilient in Q2 2026 despite a challenging market environment. While sales declined 6%, market share increased by 20 basis points year-over-year against an approximately 8% regional industry contraction.
- The region retained its No. 2 position in passenger car and LCV sales and gained leadership in LCVs, with a 24.7% market share. Growth was supported by Türkiye, which maintained its No. 1 position across passenger car and LCV segments, and by Algeria, which achieved a record quarter with more than 20,000 locally produced and sold units.
- The region also benefited from LCV leadership across key markets and recent launches in Türkiye, Tunisia, Morocco and Egypt.
Asia Pacific: June 2026 deliveries reached a 6-month high. Sales decreased 29% versus Q2 2025, 22% including Leapmotor, driven primarily by declines in the Peugeot 408. Q2 2026 market share decreased slightly to 0.2%.
- Local Leapmotor-branded vehicle assembly in Malaysia implemented for the C10, and the B10 launch remains on track for Q3 2026. Additionally, partnership announced with DFM to develop and manufacture Peugeot and Jeep models in China.
[See https://www.stellantis.com/en/investors for the inevitable footnotes and reconciliations – AutoCrat]
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Leapmotor
- In June of 2026, Leapmotor posted 93.376 global deliveries (domestic and export), a 95% year-on-year increase, setting a new monthly record, and rising 14,47% compared with May, securing its position as the No.1 NEV start-up for the month.
- This strong momentum drove second-quarter deliveries to 246.332 units (+83,68% year-on-year) and brought first-half 2026 cumulative deliveries to 356.487 units (domestic and export deliveries), 95% increase versus same period 2025 then securing Leapmotor as the No.1 NEV start-up in China for the first half of the year.
“Nothing can be fixed overnight, but I would like to highlight three items that are our top three priorities. First, market coverage:. Discontinued products from 2021-2025 led to a reduction in our market share, both in North America and in Europe. You have seen early progress in our market share gains this year. FaSTLAne 2030 reinvigorates the product portfolio, getting us to around 90% market coverage in both regions, representing a huge opportunity for growth,” said Filosa on the earnings call today.
“Second challenge, industrial cost: We have improved significantly in the past year, and this remains a big opportunity to drive our financial performance. In FaSTLAne, Vehicle Cost Production will deliver €6 billion of annual run rate cost reductions by 2028. We are making strong initial progress on VCP, and we are on track to implement 40% of the initiatives by the end of this year. This means that in 2027, we expect to enjoy €2.4 billion of AOI benefits, plus the partial benefits of the initiatives we implement in 2027.
“Finally, quality: Our execution on quality in the past was not what it needed to be, but we have come a long way already in the last year. Quality has improved significantly by 38% in North America and by 24% in Europe. FaSTLAne 2030 is giving the quality organization the focus and the resources they need to be in the top quartile in all regions and segments where we compete by 2028. It will take time to fully capitalize on these opportunities, but it is a time frame that is fully embedded in our 2026 guidance, in our expectation of positive industrial free cash flow in 2027, and in our 2028 FaSTLAne targets. The road is long, but we are moving in the right direction with the right priorities and with the right pace,” claimed Filosa.
*AutoInformed on
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Stellantis Posts a Modest Q2 2026 Net Profit of €0.3 Billion
Click to enlarge.
Stellantis (NYSE: STLA. STLAM.MI) today posted Q2 2026 financial results showing modest improvements in operating results that are still negatively affected by previous capital investments and management’s neglect of key brands, compounded by the ongoing negative effects of the foreign policy wars and tariff impositions of the Trump mis-administration that all global automakers are dealing with.* The 2026 net tariff gale Stellantis is sailing into is now estimated to be at €1.0 billion to €1.2 billion of costs. During H1 2026 net tariff costs were €0.3 billion, including an International Emergency Economic Powers Act (IEEPA) tariff refund of €0.4 billion.
“The second quarter was marked by continued progress, led by North America and supported by important contributions from all other regions. We improved performance across our key financial metrics with Net revenues, AOI and Industrial free cash flows all showing significant gains. With implementation of our FaSTLAne 2030 strategy well underway and this year’s exciting new product launches on time and on track, we remain confident of delivering our 2026 financial guidance,” said Antonio Filosa, CEO.
Stellantis Confirmed its 2026 financial guidance, stating:
Click to enlarge.
Net tariff headwind now estimated at €1.0 billion to €1.2 billion; H1 2026 net tariff costs were €0.3 billion, including an International Emergency Economic Powers Act (IEEPA) tariff refund of €0.4 billion.
Stellantis Q2 2026 Regional Performance
North America: Sales increased 6% versus Q2 2025, achieving the fourth consecutive quarter of year-over-year growth with 6% increase in the U.S., 1% decrease in Canada and 17% increase in Mexico.
Enlarged Europe: EU30 sales increased 3% versus Q2 2025, 7% including Leapmotor, driven primarily by Smart Car. EU30 market share was 16.0%, down 80 basis points year-over-year or 16.8% including Leapmotor, down 10 basis points.
South America: Sales decreased 2% versus Q2 2025, 1% including Leapmotor. Despite a market share decrease, Stellantis maintained its regional leadership with a 19.1% market share, 19.4% including Leapmotor.
Middle East & Africa: The region remained resilient in Q2 2026 despite a challenging market environment. While sales declined 6%, market share increased by 20 basis points year-over-year against an approximately 8% regional industry contraction.
Asia Pacific: June 2026 deliveries reached a 6-month high. Sales decreased 29% versus Q2 2025, 22% including Leapmotor, driven primarily by declines in the Peugeot 408. Q2 2026 market share decreased slightly to 0.2%.
[See https://www.stellantis.com/en/investors for the inevitable footnotes and reconciliations – AutoCrat]
Click to enlarge.
Leapmotor
“Nothing can be fixed overnight, but I would like to highlight three items that are our top three priorities. First, market coverage:. Discontinued products from 2021-2025 led to a reduction in our market share, both in North America and in Europe. You have seen early progress in our market share gains this year. FaSTLAne 2030 reinvigorates the product portfolio, getting us to around 90% market coverage in both regions, representing a huge opportunity for growth,” said Filosa on the earnings call today.
“Second challenge, industrial cost: We have improved significantly in the past year, and this remains a big opportunity to drive our financial performance. In FaSTLAne, Vehicle Cost Production will deliver €6 billion of annual run rate cost reductions by 2028. We are making strong initial progress on VCP, and we are on track to implement 40% of the initiatives by the end of this year. This means that in 2027, we expect to enjoy €2.4 billion of AOI benefits, plus the partial benefits of the initiatives we implement in 2027.
“Finally, quality: Our execution on quality in the past was not what it needed to be, but we have come a long way already in the last year. Quality has improved significantly by 38% in North America and by 24% in Europe. FaSTLAne 2030 is giving the quality organization the focus and the resources they need to be in the top quartile in all regions and segments where we compete by 2028. It will take time to fully capitalize on these opportunities, but it is a time frame that is fully embedded in our 2026 guidance, in our expectation of positive industrial free cash flow in 2027, and in our 2028 FaSTLAne targets. The road is long, but we are moving in the right direction with the right priorities and with the right pace,” claimed Filosa.
*AutoInformed on
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.