Stellantis had a pretty rough year in 2025, posting a $26.3 billion net loss after writing down billions due to a strategic pivot away from aggressive EV targets, product plan restructuring costs, and slowing consumer demand.
But there are encouraging signs for 2026, especially in North America. The company’s first-quarter 2026 financial results are in, and Stellantis’ U.S. unit is by far the main growth driver for the entire group.
North America Unit Lifts Stellantis’ Global Net Revenues and Profit
Stellantis
The company’s net revenues increased to €38.1 billion ($44.7 billion) worldwide, up 6% versus Q1 2025, supported by improved performance in North America, as well as gains in Enlarged Europe and Middle East & Africa.
The company also posted a net profit of €377 million ($443 million), reflecting volume growth and stronger operating performance, according to a Stellantis press release.
Stellantis CEO Antonio Filosa praised Ram and Jeep in the financial report, as these two brands were the automaker’s main growth drivers in North America, where its sales increased 6% compared to Q1 2025 while consolidated shipments rose 16.6% to 379,000 units.
U.S. sales were up 4%, bucking a declining U.S. industry trend which was down 6% in the first quarter of the year, making Stellantis the fastest-growing automaker in the region. The company’s Canada and Mexico sales rose by 15% and 19%, respectively.
Ram 1500 Hemi, Jeep Cherokee, Jeep Grand Wagoneer and Dodge Charger Sixpack
Stellantis’ U.S. market share rose to 8.1% driven by Ram, which was North America’s fastest-growing brand with U.S. sales increase of approximately 20% year-over-year—the highest since 2023. This was due to strong sales of Ram trucks, especially the 2026 Ram 1500 Hemi; sales of the Ram 1500 line were up 27% in Q1 2026 year-over-year while Ram Heavy Duty sales rose 21%.
Jeep was also singled out in the report thanks to increased deliveries of the all-new 2026 Cherokee and refreshed Grand Wagoneer. Stellantis also noted that these models, along with the new gas-powered Dodge Charger Sixpack, are now available in dealer showrooms across the U.S. after their launches in late 2025.
“As we initiate quarterly reporting, the first three months of 2026 reflect the early results of our actions to return Stellantis to sustainable, profitable growth,” said CEO Antonio Filosa. “The products we launched in 2025 have been well received and we’re confident that the 10 new vehicles planned for 2026 will build on this momentum.”
Customers “Back at the Center of Everything We Do”: Stellantis CEO
Elisa Marchina/NurPhoto via Getty Images
Filosa added that the company’s priority is “to put our customers back at the center of everything we do.” The executive noted that Stellantis will share more on this at its Investor Day on May 21 in Auburn Hills, Michigan, likely hinting at new product announcements.
“And looking ahead for 2026, I’m very excited about the upcoming launches of the new Ram SRT TRX, the new Jeep Recon BEV, and our first range-extended, the Jeep Grand Wagoneer REV coming this year,” Filosa said on the Q1 2026 earnings call. He added that Stellantis North America order book remains strong, growing more than 20% year-over-year.
Last week, Reuters reported on Stellantis plans to focus on Ram, Jeep, Peugeot, and Fiat going forward. The company will reportedly prioritize these four brands in terms of investments, with Ram and Jeep doing the heavy lifting in North America, while Peugeot and Fiat will do the same in Europe and Latin America.
That may result in brands like Chrysler, Dodge, Citroën, Opel, Alfa Romeo and Maserati being relegated to the status of regional players and receiving less attention. Stellantis is expected to shine more light on the plan at the May 21 Investor Day event.
