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Automaker warns of massive hits to earnings from President Trump's tariffs, as it take steps to build more vehicles in U.S.
Prices have risen a tad on some items especially affected by tariffs. But for the most part, companies are finding ways to ...
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 NV sees tariffs setting back earnings by about €1.5 billion ($1.7 billion) this year as higher duties hit the Jeep ...
Stellantis said today it expected higher net revenue and a low-single digit operating income margin in the second half despite increasing headwinds, as the car maker aimed for a gradual recovery after ...
Stellantis' financial guidance was based on an assumption that current tariff and trade rules will remain in place. It comes ...
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