Stellantis Says Profit Plunged as Tariffs Began to Bite The New York Times Car maker Stellantis says US tariffs have cost it €300m BBC Stellantis reports $2.7 billion loss thanks to tariffs, restructuring, slow sales The Detroit News Jeep Maker Stellantis Posts $350 Million Tariff Bill—and Record Net Loss The Wall Street Journal Stellantis warns of $2.7 billion loss for 1st half of 2025 …
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Car maker Stellantis says US tariffs have cost it €300m
The car company behind the brands Vauxhall, Jeep and Fiat says US President Donald Trump’s tariffs have already cost it €300m (£259.6m, $349.2m). Stellantis said the financial hit was a result of tariffs impacting trade and the company’s loss of planned production in its response to the them. A 25% tariff on cars being imported to the US has been …
Read More »Stellantis expects first-half net loss of $2.7 billion as tariffs bite
New Ram vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot in Miami, Florida. Joe Raedle | Getty Images Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its preliminary figures. Stellantis, which owns …
Read More »Stellantis abandons hydrogen fuel cell development
Hydrogen is also much less energy-dense by volume, and making the stuff is far from efficient, even when you use entirely renewable electricity. And of course, the vast majority of commercial hydrogen is not so-called blue hydrogen, which was made with renewables but is instead mostly produced via steam reformation from hydrocarbon stocks. That’s an energy-intensive process and one that …
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