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Goodwill and intangible assets with indefinite useful lives (Tables)
12 Months Ended
Dec. 31, 2024
Intangible assets and goodwill [abstract]  
Summary of goodwill and intangible assets with indefinite useful lives and by segment Goodwill and intangible assets with indefinite useful lives at December 31, 2024 and 2023 are summarized below:
Goodwill
Gross amount
Accumulated
impairment
losses
Total
Goodwill
Brands
Other
Total
Goodwill and
intangible
assets with
indefinite
useful lives
(€ million)
At January 1, 2023
15,545
(38)
15,507
16,212
19
31,738
Additions
66
66
5
71
Disposal
(12)
(12)
(12)
Translation differences and
other
(388)
(388)
(416)
1
(803)
At December 31, 2023
15,211
(38)
15,173
15,796
25
30,994
Additions(1)
290
290
61
1
352
Impairment losses and assets
write-offs 2)
(514)
(514)
(514)
Translation differences and
other
395
395
761
(2)
1,154
At December 31, 2024
15,896
(552)
15,344
16,618
24
31,986
_______________________________________________________________________________________________________________________________________________
(1) Relates to Sopriam, Groupe 2L Logistics, PPETA, Comercial Automotiva S.A and other minor acquisitions. Refer to Note 3, Scope of consolidation for additional information
(2) Relates to impairment of platform assets in Maserati
The following table summarizes the allocation of Goodwill and Brands between the Company’s reportable
segments:
At December 31, 2024
At December 31, 2023
(€ million)
Goodwill
Brands
Goodwill
Brands
North America
11,074
12,546
10,412
11,795
Enlarged Europe
2,059
2,943
1,899
2,876
Middle East & Africa
107
South America
1,332
51
1,550
China and India & Asia Pacific
164
170
Maserati
972
514
972
Other activities
608
106
628
153
Total
15,344
16,618
15,173
15,796