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Jeep Maker Stellantis Surges as CEO Says the Automaker Is in Productive Tariff Talks with the US
Summary by sherwood.news
3 Articles
3 Articles
Stellantis CEO outlines tariff response, new U.S. strategy amid financial pressures
On the Dash: Stellantis is preparing a new business plan in response to U.S. tariffs that could cost the company 1.5 billion euros in 2025. CEO Antonio Filosa says restoring revenue with new models like the Jeep Cherokee and V8 RAM trucks is central to the strategy. The automaker has burned through 9 billion euros in cash since 2024, but says inventories are now healthy ahead of a full plan release in 2026. Stellantis CEO Antonio Filosa said Th…
Last year, more than 40% of the 1.2 million vehicles Stellantis sold in the United States, its main market, were imported, mainly from Mexico and Canada.
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Total News Sources3
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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