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Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year. The announcement on Tuesday is ...
Chief executive of Jeep and Fiat owner says offering more internal combustion vehicles will better reflect customer demand ...
Stellantis warned on Tuesday of a 1.5-billion-euro ($1.7 billion) hit from U.S. tariffs this year, but pledged new vehicle launches to reconnect with customers as its new CEO tries to get the ...
Automaker warns of massive hits to earnings from President Trump's tariffs, as it take steps to build more vehicles in U.S.
Stellantis, the parent company of Chrysler, Dodge, Jeep and Ram, said tariffs and higher costs led to big losses in the first ...
Paris (AFP) — Jeep owner Stellantis said Tuesday it sees sales revenue and profitability rebounding in the second half of the year despite taking a 1.5-billion-euro ($1.7-billion) hit from US tariffs.
For the first half, the maker of car brands including Jeep, Fiat, Peugeot and Ram posted a 13% drop in net revenue.
KEY TAKEAWAYS Stellantis reinstated its full-year outlook Tuesday after suspending it in April due to uncertainty around ...
Stellantis NV sees tariffs setting back earnings by about €1.5 billion (US$1.7 billion) this year as higher duties hit the Jeep maker’s already struggling North American business.
Stellantis has outlined the sizeable impact of US tariffs – which apply to imported vehicles and parts – on its business. The company expects tariffs to reduce its earnings by around €1.5bn this year ...
Stellantis' financial guidance was based on an assumption that current tariff and trade rules will remain in place. It comes ...
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