Stellantis NV’s United Auto Workers employees will not receive a profit-sharing payout this year, a sharp turnaround from just two years ago when each worker took home nearly $14,000. The reason is simple: the company failed to generate enough profit in its North American operations to meet the target required under its labor agreement.

The automaker, which builds Chrysler, Dodge, Jeep and Ram vehicles, reported a negative 3.1% operating profit margin in North America for 2025. That marks its first regional loss since the company’s formation in 2021, down from 4.2% in 2024 and 15.4% in 2023. The steep decline meant no profit-sharing payouts under the UAW contract, which grants $900 per 1% of profit margin based on hours worked.

In a statement, Stellantis called 2025 “a very challenging year” driven by a “profound and necessary business reset” to fix past decisions. The company pointed to falling U.S. sales for the seventh year in a row, costly warranty claims, higher vehicle incentives, product mix issues and added expenses from U.S. tariffs under the Trump administration.

Massive write-downs tied to electric vehicle programs deepened the financial blow, leading to the automaker’s first annual loss. Stellantis said recent actions, such as bringing back the Hemi V-8 in the Ram 1500 pickup, are intended to support a return to profit this year, though the investments weighed heavily on 2025 results.

While Stellantis workers will see no payout, UAW members at rival automakers are being rewarded. General Motors Co. announced profit-sharing checks of up to $10,500 for eligible hourly workers and Ford Motor Co. said employees are set to receive around $6,780 each.

Stellantis employees received $3,780 in profit-sharing last year, down 73% from 2023’s near-record $13,860. This year, the amount is zero, underscoring just how far the company’s North American business has slipped in two years amid poor sales and electric-vehicle policy reversals ordered by the Trump administration.

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