Jeep maker Stellantis warns of a shock $2.7 billion loss as tariffs bite
Publishing timestamp: 2025-07-21 06:40:13
Summary
Stellantis expects a net loss of 2.3 billion euros in the first half of the year due to pre-tax charges and the early effects of U.S. tariffs. The company's stock price is down 38% year-to-date, and the new CEO faces significant challenges ahead.
Sentiment: NEGATIVE
Tickers: STLA,
Keywords: transportation, breaking news: business, business news, autos, breaking news: europe, earnings, stellantis nv,