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Ferrari F80

Ferrari F80

Yahoo13-07-2025
The Ferrari F80 is the Prancing Horse that's too fast for Fiorano. It's the latest limited-run, extreme-performance Ferrari of the kind that appears once a decade, a lineage featuring the GTO (aka 288), F40, F50, Enzo and LaFerrari, and it is the first that hasn't been demonstrated at Ferrari's home test track.
Instead, it was presented at Misano, a wider and longer circuit than Fiorano and more suitable for a car with the F80's astonishing performance.
Misano is popular with motorcycle racers and looked as expansive as Silverstone on the video I watched of an Audi R8 GT3 lapping it. The F80's speed made it feel about half the size in reality. Stay tuned for a review of Ferrari's fastest-lapping car it has ever fitted with with numberplates.
To the details first, though. The F80's development timeline almost mirrors that of the 499P Le Mans-winning race car. The two are different – this is not a road-going competition car – but there are similarities both in ethos and with some mechanicals.
The F80 has a two-seat carbonfibre passenger tub, 5% lighter but 50% stiffer than a LaFerrari's (the next most recent special), with the passenger slightly offset behind the driver so they don't bang shoulders in a cabin that's 50mm narrower.
At the front and rear are mostly extruded aluminium subframes, from which hangs double-wishbone suspension all round, with 3D-printed upper wishbones and active Multimatic spring and damper units similar to those that made their Ferrari debut in the Purosangue, mounted horizontally to maintain a low centre of gravity.
As well as having adjustable damping, they extend or withdraw to control pitch and roll, so there are no separate anti-roll bars.
The car is 4.84m long, 2.06m wide and just 1.14m tall, and it has a 2.67m wheelbase. It comes with carbonfibre wheels as standard (you can buy forged alloys to supplement them), wearing 285/30 R20 front and 345/30 R21 rear tyres, either Michelin Pilot Sport Cup 2s or stickier Cup 2Rs.
Brake discs are a new carbon-ceramic material, 408mm in diameter at the front, 309mm at the rear.
In the car's middle is the latest iteration of Ferrari's 3.0-litre 120deg V6, which made its debut in the Ferrari 296 GTB and also powers Ferrari's Le Mans challenger. But it has been tweaked here to levels not even found in the 499P.
More than 200 components have been changed from the 296's version of this engine, so it makes 888bhp at 8750rpm – Ferrari's meteoric target of 300 metric horsepower per litre.
Its two in-vee turbochargers also include a small electric motor to get them spinning quickly rather than waiting for the boost (which I think technically also makes them electric superchargers, but we know what an e-turbo means).
The V6 engine is supplemented by an 80bhp crank-mounted electric motor, sited beside the engine so there's only 100mm between the crank centre and the bottom of the sump, in turn meaning the engine can be mounted much lower. The top of it is about knee height.
This all drives through an eight-speed dual-clutch automatic gearbox with no reverse. At the front is an e-axle with two electric motors of 141bhp each (they do the reversing), and when everything is firing at once, the total system output is 1184bhp (or 1200 continental horses).
Then there are the F80's aerodynamics. Three bargeboards split air at the front and direct it either over the top of the car or underneath to a diffuser that, at 1.8m long, constitutes more than half of the underbody. There's a rear wing that raises by 200mm and through a 22deg angle. In total, at 155mph the F80 makes 1050kg of downforce, split 460kg front and 590kg rear, which is twice as much overall as LaFerrari.
You don't get a choice about which aero mode it's in. The car can easily predict what's best, and apparently 'it's not so nice' if available downforce disappears mid-corner. The engine is canted 1.2deg upwards to the rear, to give the diffuser more room to work.
Stitching all of this together is what must be some heinously complex software and subsequent tuning. There's no rear-steer, but there is torque vectoring via braking on both axles, plus a rear electronically controlled limited-slip differential and yet another iteration of 'Slide Slip Control'. Braking is by-wire, with regeneration from all three electric motors, including from the crank-mounted motor, which can drag on the engine as a form of traction control.
Should you opt to record yourself over a hot lap, the car will decide for itself when it would be best to boost the motors to give you as fast a lap time as possible.
The interior is excellent. Buttons are back, the driving position raises your legs so that air can pass beneath the tub and the steering wheel pulls so close you could almost lick it. It's heavily squared but entirely in keeping with the Le Mans-adjacent view out.
Paddles are still attached to the column, which usually I like in Ferraris, but here it feels like they would be better on the wheel. The supportive driver's seat adjusts but the passenger's pads don't.
It's more hospitable than, say, a McLaren F1 or GMA T50, which seat their passengers further behind the driver. This gives just enough space to clear shoulders while leaving it easy to chat across the cabin, so it is a sociable car too.
There's only a tiny amount of luggage space behind the occupants' heads, mind.
This, it's fair to say, is not a hybrid system designed for economy. It's 'for performance and nothing else', according to Stefano Varisco, Ferrari's manager of dynamics and energetics.
The battery, which sits crosswise just behind the passenger cell, is only 2.3kWh. If you tried, and there's a Qualifying mode in which you can, the car will flatten the battery within a lap.
Our first go is on track. The first thing of note is that this car is extraordinarily, rocket-ship fast.
With motors helping spin the turbos and boost low-rev torque gaps, there is no turbo lag. The engine, regardless of whether you're at the 900rpm idle or near the 9200rpm rev limit, surges.
There are no Bugatti-like delays while it takes a breath. It's more like a McLaren P1 or McLaren Artura, or a 296 GTB, but more so in its immediate punch forwards.
Ferrari's numbers say it will go from 0-62mph in 2.15sec, but rather more significant is the 5.75sec 0-124mph time: LaFerrari took 6.9sec.
Ferrari's gearshifts (and the paddles that enable them) are usually the best in the business, and there's no exception here.
Upshifts are immediate, downshifts impeccable. The engine, a variant of the 'piccolino V12' – a six that is meant to sound as good as one with twice the cylinders – is engaging, although it headbutts the rev limiter with alarming ease. I don't mean that as a criticism. I just feel clumsy, until better drivers than me say they repeatedly do the same.
What's odd is how quiet the car is from the outside. Towards the end of the pit straight, where the car must be pulling 140mph, all you hear is the whoosh – vast quantities of air moving, like a fast jet entering the Mach Loop, according to photographer Jack Harrison. A least that will make it easy to adhere to track-day noise limits.
There is a very fast corner at Misano. 'It doesn't look like a corner on the track map,' they say in the briefing, 'but when you get there, it is.'
Even I can feel the aerodynamics working as I take it faster than I feel I should.
Pitch, dive, roll: all are brilliantly contained. Just a little of each is allowed, for feel, to lean against. With this suspension it would be possible to tilt the car into a corner, which would feel weird. Bump absorption is first-class.
The steering is medium-weighted and consistent, and although it's only two turns between locks, as Ferraris tend to be, it is linearly responsive and neither nervy nor over-sensitive.
Lower-speed corners need less faith than aero-heavy ones, but this car likes precision.
Brake feel is brilliant on corner approach, and you can detect something somewhere easing back an inside wheel to help it turn, but it's not an open-book hoon machine like other Ferraris. It wants to put power to the front wheels, wants you to ease open the steering and get it into a straight line, because that way is fastest. And it likes going fast.
Still, if you do turn all the assistance off, it will move around. There's a touch of steady-state understeer as you begin to turn, but it boosts through that easily and adopts a benign slide, until I think the front axle decides it has had enough of this and starts to pull it back straight because it would like to accelerate, thank you. So while it will slide – unlike, say, a Ferrari F8 Tributo – that's not its natural state.
If it feels like anything else I've driven, it reminded me of an Audi R10 TDI Le Mans prototype. They share a snug high-foot driving position, precise medium-weighted controls, a steering wheel on which your hands never leave the 2:45 position and immersive and unburstable but perhaps undramatic performance.
At eight-tenths effort, an F80 will go twelve-tenths faster than almost any other production car. It's a brilliant car, but it's the performance and the capability rather than the drama that impresses.
Given all of that, I don't expect it to be a great road car, but it surprises me. Ferraris tend to ride well and, with three damper settings, the F80 eases over even the gnarliest surfaces. I remain aware of, but not daunted by, its width.
Ferrari has sold 799 F80s and they're €3.1 million a pop before local taxes.
If it hits the spot, it could boost the allure of the hybridised SF90 and 296; miss, though, and it's another sports car that carried more cables and fewer cylinders than it should have. I wonder if there are more than just 799 F80s riding on how it performs.
Lapping 5.0sec faster than a LaFerrari around Fiorano is one achievement; making you buy it is a different one.
If all of this sounds like a very nuanced and complicated car, given that Ferrari has a V12 that could quite easily blow customers' minds, you would be right. And if it had used it, Ferrari would have had 'very happy' customers, according to Matteo Turconi, Ferrari's senior product marketing manager. 'But we'd have lost a lot of aerodynamic efficiency.'
The V12 is a big engine and eminently charismatic, but Turconi says Ferrari has stopped using it for the 'top-performing' cars: 'We have to be honest to our heritage. This is the best car,' he said.
Should best be in air quotes? There is a good argument that the F80 is true to Ferrari's heritage. Each of the previous specials has a link, of sorts, to Ferrari's motorsport stars of the time.
But the decision to run a hybrid V6 shows a continued commitment to electrification, a willingness to make a nuanced performance car and even, perhaps, a little bravery.
As a road car there's enough for luggage space for 24 hours, they say. But whether on the road or, like its 499P stablemate, on track, the F80 feels ready for both. It may not be the most dramatic Ferrari, but I think it is the 'right' one.
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As a result, the following items have been impaired: (i) investment in Symbio(€179 million), (ii) loans granted to Symbio (€162 million), (iii) capitalized development expenditures and PPE related to fuel cells (€329 million) and (iv) in addition, provisions for risks were recognized (€63 million)(F) As a result of the elimination of CAFE fines with the enactment of the One Big Beautiful Bill Act, the Company recognized a net expense of €97 million, comprised of net €172 million of CAFE credits recognized as a reduction of Cost of revenues, which remains included in Adjusted operating income as these amounts reduced prior year CAFE fines, and a net expense of €269 million, which is excluded from AOI and comprised of (i) elimination of the CAFE provision of €844 million, (ii) impairment of the regulatory credit assets of €609 million, and (iii) onerous contracts related to contractual purchase commitments for CAFE credits of €504 million(G) Sale of Stellantis Türkiye to the Company's joint venture, Tofas, for which the Company recognized an estimated loss on disposal of €246 million, driven primarily by the recycling of the cumulative translation reserve from Equity to the Consolidated Income Statement upon disposal(H) Comprised primarily of (i) adjustments to costs previously recognized to support the workforce during the transformation of certain plants in North America, (ii) gains on sales of real estate in Enlarged Europe, and (iii) a gain from dilution related to the investment in Archer Aviation H1 2024 (€ million) NORTH AMERICA ENLARGED EUROPE MIDDLE EAST & AFRICA SOUTH AMERICA CHINA AND INDIA & ASIA PACIFIC MASERATI OTHER(*) STELLANTIS Net revenues from external customers 38,351 29,848 5,005 7,373 1,071 631 2,738 85,017 Net revenues from transactions with other segments 2 121 — (6) 1 — (118) — Net revenues 38,353 29,969 5,005 7,367 1,072 631 2,620 85,017 Net profit/(loss) 5,647 Tax expense/(benefit) 1,342 Net financial expenses/(income) (350) Operating income/(loss) 6,639 Adjustments: Restructuring and other costs, net of reversals(A) 48 1,087 — 9 — 25 43 1,212 Impairment expense and supplier obligations, net of reversals(B) 2 43 — — 11 324 8 388 Takata airbags recall campaign, net of recoveries — 74 4 1 — — — 79 Other(C) 119 2 — 29 1 — (6) 145 Total adjustments 169 1,206 4 39 12 349 45 1,824 Adjusted operating income/(loss)(1) 4,366 2,060 1,047 1,150 57 (82) (135) 8,463 ________________________________________________________________________________________________________________________________________________________________________________________(*) Other activities, unallocated items and eliminations(A) Primarily related to workforce reductions(B) Primarily related to certain platform assets in Maserati and Enlarged Europe, net of reversal(C) Primarily related to costs to support the workforce during the transformation of a plant in North America Diluted EPS to Adjusted diluted EPS(5) Results from continuing operations (€ million, except as otherwise stated) H1 2025 H1 2024 Net (loss)/profit attributable to owners of the parent (2,240) 5,624 Weighted average number of shares outstanding (000) 2,882,611 3,002,791 Number of shares deployable for share-based compensation (000)(A) — 21,659 Weighted average number of shares outstanding for diluted earnings per share (000) 2,882,611 3,024,450 Diluted (loss)/earnings per share (A) (€/share) (0.78) 1.86 Adjustments, per above 3,250 1,824 Tax impact on adjustments(B) (470) (316) Unusual items related to income taxes — — Total adjustments, net of taxes 2,780 1,508 Number of shares deployable for share-based compensation (000)(A) 17,162 — Adjusted dilutive impact per share 0.00 — Impact of adjustments above, net of taxes, on Diluted earnings per share from continuing operations (B) (€/share) 0.96 0.50 Adjusted Diluted earnings per share(5) (€/share) (A+B) 0.18 2.36 ______________________________________________________________________________________________________________________________________________(A )For the six-month period ended June 30, 2025, the Company reported a loss attributable to the owners of the parent. Consequently, the potential dilutive impact of share-based payment plans was excluded from the calculation of diluted earnings/(loss) per share, as their inclusion would have been anti-dilutive. However, for the purpose of calculating Adjusted diluted earnings per share, the adjusted net result reflects a profit. Therefore, the potential dilutive effect of share-based payment plans has been included in this calculation, as their impact is dilutive under these circumstances(B) Tax impact on adjustments is calculated based on the expected local country tax implications for each adjustment Cash flows from operating activities to Industrial free cash flows (€ million) H1 2025 H1 2024 Cash flows from operating activities(4) (2,287) 3,970 Less: Financial services, net of inter-segment eliminations(4) (4,397) (2,384) Less: Capital Expenditures and capitalized research and development expenditures and change in amounts payable on property, plant and equipment and intangible assets for industrial activities 5,136 5,438 Add: Proceeds from disposal of assets and other changes in investing activities 473 163 Less: Contributions of equity to joint ventures and minor acquisitions of consolidated subsidiaries and equity method and other investments 480 1,495 Add: Defined benefit pension contributions, net of tax 28 24 Industrial free cash flows(3) (3,005) (392) Debt to Industrial net financial position (€ million) June 30, 2025 December 31,2024 Debt (40,799) (37,227) Current financial receivables from jointly-controlled financial services companies 1,371 674 Derivative financial assets/(liabilities), net and collateral deposits 202 222 Financial securities 2,176 4,468 Cash and cash equivalents 30,660 34,100 Industrial Net Financial Position Classified as Held for sale (130) 169 Net financial position (6,520) 2,406 Less: Net financial position of financial services (15,512) (12,722) Industrial net financial position(7) 8,992 15,128 Available liquidity (€ million) June 30, 2025 December 31,2024 Cash, cash equivalents and financial securities(8) 32,836 38,568 Undrawn committed credit lines 16,895 12,915 Cash, cash equivalents and financial securities - included within Assets held for sale 5 297 Total Available liquidity(9) 49,736 51,780 of which: Available liquidity of the Industrial Activities 47,228 49,481(1) Adjusted operating income/(loss) excludes from Net profit/(loss) from continuing operations adjustments comprising restructuring and other termination costs, impairments, asset write-offs, disposals of investments and unusual operating income/(expense) that are considered rare or discrete events and are infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance, and also excludes Net financial expenses/(income) and Tax expense/(benefit).Unusual operating income/(expense) are impacts from strategic decisions, as well as events considered rare or discrete and infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance. Unusual operating income/(expense) includes, but may not be limited to: impacts from strategic decisions to rationalize Stellantis' core operations; facility-related costs stemming from Stellantis' plans to match production capacity and cost structure to market demand, and convergence and integration costs directly related to significant acquisitions or mergers.(2) Adjusted operating income/(loss) margin is calculated as Adjusted operating income/(loss) divided by Net revenues.(3) Industrial free cash flows is our key cash flow metric and is calculated as Cash flows from operating activities less: (i) cash flows from operating activities from discontinued operations; (ii) cash flows from operating activities related to financial services, net of eliminations; (iii) investments in property, plant and equipment and intangible assets for industrial activities; (iv) contributions of equity to joint ventures and minor acquisitions of consolidated subsidiaries and equity method and other investments; and adjusted for: (i) net intercompany payments between continuing operations and discontinued operations; (ii) proceeds from disposal of assets and (iii) contributions to defined benefit pension plans, net of tax. The timing of Industrial free cash flows may be affected by the timing of monetization of receivables, factoring and the payment of accounts payables, as well as changes in other components of working capital, which can vary from period to period due to, among other things, cash management initiatives and other factors, some of which may be outside of the Company's control. In addition, Industrial free cash flows is one of the metrics used in the determination of the annual performance bonus for eligible employees, including members of the senior management. (4) Effective H1 2025, two types of cash flows were reclassified to cash flows from operating activities: (i) the net change in receivables related to financial services activities have been reclassified from investing activities as these are part of our principal revenue-generating activities and (ii) certain financial receivables related to factoring transactions from financing activities. Comparative figures for H1 2024 have been reclassified accordingly. (€ million) H1 2024 as reported Adjustment: Financial services activities Adjustment: Financial receivables H1 2024 as adjusted Cash flows from operating activities 4,889 (1,739) 820 3,970 Less: Financial services, net of inter-segment eliminations (1,465) 1,739 (820) (2,384) Less: Capital Expenditures and capitalized research and development expenditures and change in amounts payable on property, plant and equipment and intangible assets for industrial activities 5,438 — — 5,438 Add: Proceeds from disposal of assets and other changes in investing activities 163 — — 163 Less: Contributions of equity to joint ventures and minor acquisitions of consolidated subsidiaries and equity method and other investments 1,495 — — 1,495 Add: Defined benefit pension contributions, net of tax 24 — — 24 Industrial free cash flows (392) — — (392) (5) Adjusted diluted earnings per share ("EPS") is calculated by adjusting Diluted earnings per share for the post-tax impact per share of the same items excluded from Adjusted operating income as well as tax expense/(benefit) items that are considered rare or infrequent, or whose nature would distort the presentation of the ongoing tax charge of the Company. We believe this non-GAAP measure is useful because it also excludes items that we do not believe are indicative of the Company's ongoing operating performance and provides investors with a more meaningful comparison of the Company's ongoing quality of earnings. Adjusted diluted EPS should not be considered as a substitute for Basic earnings per share, Diluted earnings per share from operations or other methods of analyzing our quality of earnings as reported under IFRS.(6) Combined shipments include shipments by the Company's consolidated subsidiaries and unconsolidated joint ventures, whereas Consolidated shipments only include shipments by the Company's consolidated subsidiaries. This includes the vehicles produced by our joint ventures and associates (including Leapmotor) which are distributed by our consolidated subsidiaries. In addition to the volumes included in consolidated shipments, combined shipments also includes the vehicles distributed by our joint ventures (such as Tofas). Figures by segments may not add up due to rounding.(7) Industrial net financial position is calculated as Debt plus derivative financial liabilities related to industrial activities less (i) cash and cash equivalents, (ii) financial securities that are considered liquid, (iii) current financial receivables from the Company or its jointly controlled financial services entities and (iv) derivative financial assets and collateral deposits. Therefore, debt, cash and cash equivalents and other financial assets/ liabilities pertaining to Stellantis' financial services entities are excluded from the computation of the Industrial net financial position. Industrial net financial position includes the Industrial net financial position classified as held for sale.(8) Financial securities are comprised of short term or marketable securities which represent temporary investments but do not satisfy all the requirements to be classified as cash equivalents as they may be subject to risk of change in value (even if they are short-term in nature or marketable).(9) The majority of our liquidity is available to our treasury operations in Europe and U.S.; however, liquidity is also available to certain subsidiaries which operate in other countries. Cash held in such countries may be subject to restrictions on transfer depending on the foreign jurisdictions in which these subsidiaries operate. Based on our review of such transfer restrictions in the countries in which we operate and maintain material cash balances, (and in particular in Argentina, in which we have €444 million cash and securities at June 30, 2025 (€680 million at December 31, 2024), and in Algeria, in which we have €373 million (€276 million at December 31, 2024)), we do not believe such transfer restrictions had an adverse impact on the Company's ability to meet its liquidity requirements at the dates presented above. Cash and cash equivalents also include €511 million at June 30, 2025 (€451 million at December 31, 2024) held in bank deposits which are restricted to the operations related to securitization programs and warehouses credit facilities of Stellantis Financial Services U.S. Rankings, market share and other industry information are derived from third-party industry sources (e.g. Agence Nationale des Titres Sécurisés (ANTS), Associação Nacional dos Fabricantes de Veículos Automotores (ANFAVEA), Ministry of Infrastructure and Sustainable Mobility (MIMS), S&P Global, Ward's Automotive) and internal information unless otherwise stated. For purposes of this document, and unless otherwise stated industry and market share information are for passenger cars (PC) plus light commercial vehicles (LCV), except as noted below: Enlarged Europe excludes Russia and Belarus. From 2025, this includes Israel and Palestine (prior periods have not been restated); Middle East & Africa excludes Iran, Sudan and Syria. From 2025, this excludes Israel and Palestine (prior periods have not been restated); South America excludes Cuba; India & Asia Pacific reflects aggregate for major markets where Stellantis competes (Japan (PC), India (PC), South Korea (PC + Pickups), Australia, New Zealand and South East Asia); China represents PC only and includes licensed sales from DPCA; and Maserati reflects aggregate for 17 major markets where Maserati competes and is derived from S&P Global data, Maserati competitive segment and internal information. Prior period figures have been updated to reflect current information provided by third-party industry sources. EU30 = EU 27 (excluding Malta), Iceland, Norway, Switzerland and UK. Low emission vehicles (LEV) = battery electric (BEV), plug-in hybrid (PHEV), range-extender electric vehicle (REEV) and fuel cell electric (FCEV) vehicles. All Stellantis reported BEV and LEV sales include Citroën Ami, Opel Rocks-e and Fiat Topolino; in countries where these vehicles are classified as quadricycles, they are excluded from Stellantis reported combined sales, industry sales and market share figures. SAFE HARBOR STATEMENT This document, in particular references to 'H2 2025 Guidance', contains forward looking statements. Statements regarding future financial performance and the Company's expectations as to the achievement of certain targeted metrics, including revenues, industrial free cash flows, vehicle shipments, capital investments, research and development costs and other expenses at any future date or for any future period are forward-looking statements. These statements may include terms such as 'may', 'will', 'expect', 'could', 'should', 'intend', 'estimate', 'anticipate', 'believe', 'remain', 'on track', 'design', 'target', 'objective', 'goal', 'forecast', 'projection', 'outlook', 'prospects', 'plan', or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Company's current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the Company's ability to launch new products successfully and to maintain vehicle shipment volumes; the Company's ability to attract and retain experienced management and employees; changes in trade policy, the imposition of global and regional tariffs or tariffs targeted to the automotive industry; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; the Company's ability to successfully manage the industry-wide transition from internal combustion engines to full electrification and accurately predict the market demand for electrified vehicles; the Company's ability to offer innovative, attractive products and to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; the Company's ability to produce or procure electric batteries with competitive performance, cost and at required volumes; the Company's ability to successfully launch new businesses and integrate acquisitions; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Company's vehicles; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in the Company's vehicles; changes in local economic and political conditions; the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency and greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; exposure to shortfalls in the funding of the Company's defined benefit pension plans; the Company's ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the operations of financial services companies; the Company's ability to access funding to execute its business plan; the Company's ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with the Company's relationships with employees, dealers and suppliers; the Company's ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; and other risks and uncertainties. Any forward-looking statements contained in this document speak only as of the date of this document and the Company disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning the Company and its businesses, including factors that could materially affect the Company's financial results, is included in the Company's reports and filings with the U.S. Securities and Exchange Commission and AFM. Attachment EN-Stellantis-H12025-Results

Stellantis Reinstates Guidance, Expects Second-Half Rebound Despite Tariffs
Stellantis Reinstates Guidance, Expects Second-Half Rebound Despite Tariffs

Wall Street Journal

time42 minutes ago

  • Wall Street Journal

Stellantis Reinstates Guidance, Expects Second-Half Rebound Despite Tariffs

Stellantis STLA -4.24%decrease; red down pointing triangle reinstated financial guidance for the year, saying it expects to report a sequential improvement in revenue and profitability in the second half of the year. The carmaker had suspended its full-year guidance in April as it became difficult to predict the impact of President Trump's 25% tariffs on market volumes and the competitive landscape and has been working to improve sourcing opportunities and cut production.

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