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Jeep maker Stellantis warns of a shock $2.7 billion loss
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· 1d
· on MSN
Jeep maker Stellantis says it will lose $2.7 billion due partly to tariffs
Sales in North America plummeted by one-quarter over a three month period ending in June, when compared to the same period a year earlier.
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· 1d
Stellantis warns of $2.7 billion loss on writedowns, tariff impact
Stellantis on Monday guided for a surprise loss in the first half of the year, as the Jeep and Ram pickup truck maker flagged a big charge ahead of results next week.
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· 1d
Stellantis takes $2.7-billion hit in market shaken by Trump
The company also cited a roughly €300 million hit from U.S. tariffs as it lost production and responded to higher duties.
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16h
on MSN
Stellantis Takes $350 Million Hit From Tariffs
The Jeep maker’s earnings took a hit from U.S. tariffs, while restructuring efforts and higher costs also dragged on its results.
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