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Stellantis NV, the world's fourth-largest automaker, faces a staggering $2.7 billion loss in the first half of the year, ...
The maker of Jeep, Ram, and Fiat announced a financial loss caused by Trump’s tariffs has forced the company to slash production and shipments.
Company estimates US tariffs cost it 300 million euros (S$449 million) in first-half. Read more at straitstimes.com. Read ...
Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros (US$2.68 billion) net ...
The company reported preliminary losses of $2.7 billion on $83 billion in revenue for the first six months of the year, ...
The Jeep maker’s earnings took a hit from U.S. tariffs, while restructuring efforts and higher costs also dragged on its ...
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
Sales in North America plummeted by 25% in the second quarter, Stellantis said.
The company indicated that it expected to take a nearly $350 million hit from net tariffs that occurred in the first quarter alone, and warned that figure could grow to around $1.75 billion for the ...
In all, the company expects to have lost as much as $2.7 billion over the first half of 2025 as a result of costly efforts to ...
The automaker, which has a significant presence in Kokomo, anticipates an impact of about $351 million for net tariffs ...