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Stellantis NV sees tariffs setting back earnings by about €1.5 billion (US$1.7 billion) this year as higher duties hit the Jeep maker’s already struggling North American business.
Stellantis has outlined the sizeable impact of US tariffs – which apply to imported vehicles and parts – on its business. The company expects tariffs to reduce its earnings by around €1.5bn this year ...
Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year, five times the hit taken in the ...
Stellantis NV sees tariffs setting back earnings by about €1.5 billion ($1.7 billion) this year as higher duties hit the Jeep ...
Stellantis said on Tuesday it faced greater headwinds this year including a 1.5-billion-euro impact from U.S. tariffs for ...
Jeep owner Stellantis said Tuesday it sees sales revenue and profitability rebounding in the second half of the year despite ...
Stellantis (STLA) slipped more than 3% premarket on Tuesday as the European automaker projected a €1.5 billion net tariff hit ...
Stellantis said today it expected higher net revenue and a low-single digit operating income margin in the second half despite increasing headwinds, as the car maker aimed for a gradual recovery after ...
Stellantis said Tuesday it expects U.S. tariffs to cost the company 1.5 billion euros ($1.7 billion) this year, five times ...
Stellantis' financial guidance was based on an assumption that current tariff and trade rules will remain in place. It comes ...
Stellantis said Tuesday that it now expects net revenue in the second half to increase from the first half, with a low-single-digit adjusted operating income margin and improved industrial free cash ...