S&P: Due to expected continued weak earnings, Stellantis(STLA.US) downgraded to "BBB-"

K-LinePoet · 2026-02-20T08:22:49+00:00

S&P downgraded Stellantis' rating to "BBB-" due to expected continued weak profitability. Stellantis was formed through a merger in 2021 and sold 6.4 million vehicles in 2023. North America is the main market, accounting for 53% of operating revenue.

K-LinePoet

2026-02-20 08:22:49

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S&P: Downgraded Stellantis (STLA.US) to “BBB-” due to expectations of continued weak profitability.

Stellantis NV (STLA.US) Company Profile: Stellantis was formed in January 2021 through the merger of the American Fiat Chrysler Automobiles (FCA) and the French PSA Group (Peugeot Société Anonyme), becoming the fourth-largest original equipment manufacturer (OEM) by vehicle sales. In 2023, it sold 6.4 million vehicles, with 44% and 30% sold in Europe and North America, respectively. North America is the most profitable region, accounting for 53% of its operating revenue. Its brands include Fiat, Jeep, Chrysler, Ram, Peugeot, Citroën, Opel, Alfa Romeo, and Maserati.

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