(WWJ) For the first time since “the great recession”, workers at a Detroit-three carmaker will go without profit sharing checks. This coming as Stellantis posts a $26.3 billion dollar 2025 loss.
"Following the full-year results announcement, it is clear that 2025 was a very challenging year for Stellantis, reflecting the cost of a profound and necessary business reset to correct past decisions,” read a statement from the company. “As the North America results did not meet the minimum thresholds defined in the 2023 UAW collective bargaining agreement, there will be no profit sharing paid to UAW-represented employees for 2025.”
Ford, which also posted a full year loss, reported profit sharing of $6780. GM profit issued profit sharing checks of up to $10,500. Both of these numbers were reduced from the previous year.
Stellantis 2024 profit sharing was $3780.
Stellantis, like GM and Ford, putting one time charges into their 2025 earnings to account for the cost of making big changes in electric vehicle plans. But Stellantis one time charge–rougly $26 billion–dwarfed its competition
“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,” said CEO Antonio Filosa.
Filosa has been working to deal with a number of issues at Stellantis, including declining sales. He says the company did see improvement in the as 2025 went on.
“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. 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.”
For 2026, Stellantis says it expects improvement throughout the year. A company statement saying they feel they are on the right track.
“As we move forward, we are confident that the decisive actions the company has already taken to put the customer at the center of everything we do, such as reintroducing the legendary HEMI® V8 engines in the Ram 1500, will support profitable growth and put us on a better path for a stronger, more successful 2026."