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 2.3-billion-euro net loss and a 13% revenue drop to 74.3 billion euros for the first half of 2025 due to slumping sales mainly in North America and Europe.
- The losses followed a 1.5-billion-euro tariff impact from the US, including 300 million euros in the first half, with a larger effect expected in the second half.
- North American shipments fell 23%, causing a 26% net revenue drop, while Europe saw a 7% shipment decline and South America recorded a 20% shipment increase.
- CEO Antonio Filosa said 2025 has been tough but highlighted progress with new products including the Jeep Cherokee midsize SUV and the combustion-engine Dodge Charger.
- Stellantis expects revenue and profitability to rebound in the second half of 2025 with a low-single-digit operating margin, supported by new product launches and tariff rules in place.
55 Articles
55 Articles
Stellantis CEO targets U.S. turnaround as carmaker faces $1.7 billion hit from tariffs this year
Stellantis hopes to counteract some of the expected 1.5 billion-euro ($1.7 billion) cost of tariffs this year by boosting North American profitability with new model launches like the discontinued Jeep Cherokee, the carmaker's new CEO said on Tuesday.
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…
Coverage Details
Bias Distribution
- 53% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium