Stellantis sees greater tariff impact
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In all, the company expects to have lost as much as $2.7 billion over the first half of 2025 as a result of costly efforts to improve profitability and tariff-related expenses. The losses also include compliance charges with Trump’s suspension of financial penalties tied to fuel emissions standards.
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The company reported preliminary losses of $2.7 billion on $83 billion in revenue for the first six months of the year, compared to a profit of $6.5 billion on nearly $100 million in revenue in
Archer’s Ascent and Stellantis’ Support Archer Aviation (NYSE:ACHR) is pioneering electric vertical takeoff and landing (eVTOL) aircraft with its Midnight model, designed for eco-friendly urban air taxi services.
“A world with tariffs is unacceptable for us,” Beato said. “A world with tariffs puts our plant in a vulnerable position, even more so than it is now, and not only for our plant, but all of southern Ontario and the whole auto industry.”
See which European Stellantis vehicles could transform Dodge and Chrysler, bringing fresh designs to North America.
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Treasury Secretary Scott Bessent has called for a full review of the Federal Reserve's operations amid rising tensions between the Trump administration and the central bank. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,
Stellantis reports a £2 billion ($2.68 billion) net loss for H1 2025, citing Trump's tariffs as a major cause. The automaker faces production cuts, global sales decline, and ongoing uncertainty across its key markets.