US Edition
Stellantis expects $2.7 billion first half loss as restructuring costs, US tariffs bite
NETHERLANDS, JUL 21 – Stellantis posted a €2.3 billion loss in H1 2025 due to a 25% drop in North American shipments and €3.3 billion in pre-tax charges from canceled programs and restructuring.
- Stellantis N.V. reported a preliminary €2.3 billion first-half loss as it faces challenges revamping product ranges in Europe and the U.S. while dealing with President Trump's tariffs on imported vehicles and auto parts.
- The company booked €3.3 billion in pre-tax charges for canceling vehicle programs and investing more in popular hybrid cars in Europe and large gasoline-powered models in the U.S. market.
- Trump's tariffs have cost Stellantis €300 million so far as the company reduced vehicle shipments and cut production to adjust manufacturing levels.
227 Articles
227 Articles
After an exit of the euphoric covid, the European automotive industry sees its engine set. Manufacturers plunge into the red while the surge of Chinese electric cars makes the worst fear...
The French carmakers are going through a bad time. Sales are falling for Stellantis and Renault. At an average of 36,000 euros, a new car is still out of reach for many. Anna N'Diaye tells us more in her column. (Economy).
Jeep maker Stellantis donated $1 million to Trump, now facing Trump tariffs loss of $2.7 billion
Jeep manufacturer Stellantis approached the incoming second Trump administration with a smile on its face and its arms and wallet wide open. The automaker, which also owns the Chrysler, Fiat, Opel, Ram Trucks, and Peugeot brands (among others) clearly wanted to get on Donald Trump‘s good side, donating a hefty $1 million to his inauguration fund. If they thought they were buying some favors from the Trump administration, they’ve been very much s…
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