Stellantis Workers Left Out in the Cold; No Profit-Sharing as Automaker Posts $26B Loss

Workers are sharing the pain with struggling Stellantis this year. With the automaker posting a $26.4 billion deficit for 2025 the automaker announced its nearly 39,000 U.S. union employees won’t be getting profit checks. More from Headlight.News.

Stellantis posted its first-ever annual loss on Thursday, the Euro-American automaker going $26.4 billion into the red for 2025, much of that due to putting on the brakes with its EV program.

The automaker, which owns 14 global brands, including U.S.-based Chrysler, Dodge, Jeep and Ram, said that there will be another first that won’t sit will with its nearly 39,000 American workers. For the first time since the company was formed in 2021, they will receive no profit-sharing checks.

“Our 2025 full year results reflect the cost of over-estimating the pace of the energy transition and of the need to reset our business around our customers’ freedom to choose from the full range of electric, hybrid and internal combustion technologies,” Stellantis CEO Antonio Filosa said in a statement.

Digging out

Things looked solid for Stellantis for the first few years after it was created through a merger of Fiat-Chrysler Automobiles and France’s Groupe PSA. But things took a turn for the worse in 2024, sales and earnings tumbling sharply.

CEO Carlos Tavares, the man credited with guiding through the merger, acknowledged that spring he had made a series of mistakes he blamed on his own “arrogance.” But his proposed turnaround plan was subsequently rejected by the Stellantis board and Tavares resigned in December 2024. It took nearly six months to find a replacement, Antonio Filosa then serving as chief operating officer of North America.

After moving into the CEO role, Filosa continued to put a sharp focus on fixing the company’s operations in that regio. Among other things he ordered price reductions on products from the Jeep and Ram brands, while attacking quality problems and other issues. But the turnaround effort was complicated by the re-election of Donald Trump who, when back in the White House, took a number of steps reversing the federal government’s previous pro-EV policies.

Unplugged

Tavares has followed up by scrapping or delaying some EV programs – though others, like the Jeep Recon, are moving forward.

Other steps including the changes at Jeep and Ram, have begun showing some positive momentum, though it’s expected to take time for Stellantis to fully reverse course, the CEO acknowledged.

“In the second half of the year we began to see initial, positive signs of progress with the early results of our drive to improve quality, strong execution of the launches of our new product wave and a return to top line growth,” Filosa added in his statement. “In 2026 our focus will be on continuing to close the execution gaps of the past, adding further momentum to our return to profitable growth.”

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Workers take a hit

Stellantis workers benefited from the company’s early success, with profit-sharing checks reaching a record $13,860 in 2023.

But those bonuses are based specifically on the performance of the automaker’s North American operations and, as Jeep and Ram, in particular, have seen their sales slide, so have profit-sharing checks plunged. They dropped to $3,780 in 2025 – the numbers based on prior year financial results.

This time around, union workers at Stellantis will get no profit-sharing at all. That compares with checks averaging $6,780 at Ford and $10,500 at General Motors. With both those manufacturers also reporting weaker earnings – and big EV write-offs, the Ford profit-sharing figure was down 34%, with GM workers seeing a year-over-year decline of 27%.