Tag Archives: 1.7B

Stellantis faces $1.7B hit from US tariffs this year

Stellantis faces .7B hit from US tariffs this year

MILAN (AP) — Stellantis has forecast that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of 2.3 billion euros ($2.65 billion). The maker of Jeep, Chrysler, Fiat and Peugeot cars said Tuesday that net profits plummeted from 5.6 …

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