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Stellantis warns of $1.7 billion US tariff impact in 2025
NETHERLANDS, JUL 29 – Stellantis faces a 1.5 billion euro tariff cost in 2025, with a 2.3-billion-euro net loss in H1 driven by tariffs and North American sales declines, but expects recovery in H2.
- Stellantis announced a 13% drop in first-half 2025 revenue to €74.3 billion and a €2.3 billion operating loss, driven mainly by North America and Europe.
- The loss followed a 23% shipment decline and 26% net revenue drop in North America largely due to 25% US tariffs on imports from Mexico and Canada.
- New CEO Antonio Filosa, appointed in June, moved quickly to cut €2 billion in unprofitable programs, including the hydrogen fuel-cell vehicle project, aiming to regain market share.
- Filosa explained that the decision to discontinue the commercial-vehicle hydrogen initiative was due to the absence of a viable route to profitability, and he also confirmed plans for a new product lineup featuring the Jeep Cherokee and the return of Dodge’s 'Hemi' V-8 engine.
- Despite tariff-related headwinds estimated at €1.5 billion, Stellantis expects improved revenue and a low-single-digit operating margin in the second half of 2025.
61 Articles
61 Articles
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Stellantis is forecasting $1.7 billion hit from Trump’s tariffs
Stellantis has forecast that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of 2.3 billion euros ($2.65 billion).The maker of Jeep, Chrysler, Fiat, and Peugeot cars said Tuesday that net profits plummeted from 5.6 billion euros ($6.5 billion) in the same period last year as it burned 3.3 billion euros ($3.8 billion) in cash for t…
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