Stellantis NV's net profit for 2024 plummeted by 70% to $5.8 billion, contrasting with 2023, primarily attributed to sluggish sales and escalating costs. During the same year, Stellantis experienced a 64% decrease in adjusted operating income, coupled with a 17% revenue decline to $164.7 billion, indicative of a challenging operational period. In response to the disappointing results, Stellantis board chair, John Elkann, characterized 2024 as "a year we are not proud of," underscoring the company's challenges post the departure of CEO Carlos Tavares. Looking forward, Stellantis envisions a positive upturn in net revenue for 2025, bolstered by new vehicle introductions designed to enhance overall performance.