U.S. Auto Prices Set to Surge by $7,500 as Tariffs Hit Stellantis With $2.7B Loss
4 Articles
4 Articles
U.S. Auto Prices Set to Surge by $7,500 as Tariffs Hit Stellantis With $2.7B Loss
Stellantis is the parent company of major car brands like Dodge, Chrysler, and Jeep. The industry giant is taking a massive hit in earnings, to the tune of $2.7 billion, all in just the first half of 2025. This significant loss comes at the hands of tariffs on EU auto imports. These tariffs could be responsible for raising the cost of imported vehicles by up to a whopping 30%. Stellantis is now forced to cut production and take a hard look at it…
The White House's ultimate goal by the end of the year could be to raise up to $300 billion
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium