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Stellantis Vows to Reconnect with Customers as It Flags $2.4B Cdn Tariff Hit for 2025

Summary by CBC News
The French-Italian-American automaker's new CEO Antonio Filosa says he aims to restore growth after recent struggles in the U.S. market.

6 Articles

Lean Left

Stellantis will take "hard decisions" to "accelerate" at the end of 2025 after a dark first semester, warned Tuesday the new general manager of the 4th world car manufacturer, Italian Antonio Filosa.

·Montreal, Canada
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The multinational car industry Stellantis, owner of brands such as Peugeot, Jeep, Citroën, Opel and Fiat, has reported a net profit loss of €2.3 billion in the first half of 2025. The news was announced Tuesday by its new CEO, Antonio Filosa, who warned that the group will have to take "difficult decisions" to reverse the situation. Key factors behind the collapse include global tariff uncertainty, international exchange rate pressure, and a sha…

Stellantis's financial statements for the first half of 2025 are very negative, but the new CEO already has the recipe for recovery ready: perhaps unpopular but necessary decisions will be taken.

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Motor1.com broke the news in on Tuesday, July 29, 2025.
Sources are mostly out of (0)