Stellantis expects first-half net loss of $2.7 billion as tariffs bite
The new RAM vehicles are sitting at the Dodge Chrysler-Jeep Ram dealer’s party in Miami, Florida.
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Car giant Stellantis The company said on Monday that the net wages before the tax and the early effects of US tariffs expect a net loss of net $ 2.3 billion ($ 2.68 billion) in the first half of the year.
Stellantis, the owner of home names such as Jeep, Dodge, Fiat, Chrysler and Peugeot estimated Compared to the same period of the previous year, 74.3 billion euros fell from 85 billion euros and comes first semi -net.
The preliminary figures come in the absence of financial guidance suspended by the company on April 30th.
Stellantis shares on the Milan list fell by 3% on Monday morning.
Stellantis said four main factors significantly affected the results in the first six months of the year.
These include early stage actions to increase profitability, roughly 3.3 billion euros before tax, negative effects on higher industrial costs, negatively affected business income and changes in exchange rates and early effects of US tariffs.
Stellantis said that due to net tariffs that emerged, 300 million euros expects the first hit in the first half results and expects production losses planned as part of the response plan.
The company’s financial results for the first half of 2025 will be published as planned on 29 July.
Stellantis also said that the total second quarter posts decreased by 6% annually to 1.4 million vehicles.
In North America, Stellantis said that the second quarter shipments, imported vehicles affected by tariffs and low fleet channel sales are expected to decrease by 25%annually, given the reduced production and shipment.
