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Stellantis reinstated its full-year outlook Tuesday after suspending it in April due to uncertainty around tariffs.
Automaker warns of massive hits to earnings from President Trump's tariffs, as it take steps to build more vehicles in U.S.
The chief financial officer said the impact was not representative of what the group expects for the second half, as tariffs only came into effect part way through the first half.
General Motors, Stellantis and Ford are all taking a hit from tariffs, to the tune of hundreds of millions or billions of ...
Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of $2.65 ...
President Donald Trump plans to impose a 100% tariff on imported computer chips, a move experts warn could compel companies to pull back on production or hike prices.
Stellantis’ updated financial guidance was based on an assumption that current tariff and trade rules will remain in place. It comes shortly after the U.S. and European agreed to a trade framework ...
The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter after reporting a US$1.1 ...
The muscle car brand is stuffing more V-8 engines into its lineup, but it's also halted production of its small Italian-made crossover due to tariffs.
The world’s top-selling carmaker joins a growing list of companies reporting profit hits because of US tariffs.
Importers typically offset the tax burden in the form of higher prices for shoppers, though so far tariff-induced price increases have proven marginal. The overall inflation rate stands at 2.7%, below ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.