Stellantis Group released its 2024 financial report, with net profit down 70% year-on-year

European automaker Stellantis Group recently released its full-year financial report for 2024. The report shows that the group's net revenue was 156.9 billion euros, or about 1.2 trillion yuan, a year-on-year decline of 17%. More strikingly, net profit fell 70% year-on-year to only 5.5 billion euros, or about 41.919 billion yuan. Adjusted operating profit was 8.6 billion euros, or about 65.547 billion yuan, a decrease of 64%.