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With a trade war underway between the United States and the rest of the world, the effect on shipping has been marked.
Stellantis reported a preliminary $2.7 billion first-half loss while dealing with the impact of U.S. tariffs on vehicles and auto parts.
Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a $2.68 billion net loss in the first half of the year due to U.S. tariffs and some hefty charges.
KEY TAKEAWAYS Stellantis said Monday that it swung to a net loss in the first half of the year, as the Big Three automaker was hit by tariffs as well as restructuring costs and a sales slump.The ...
Stellantis is warning of nearly $3 billion in losses for the first half of 2025, due to tariffs and other reasons. Alice Cooper’s Ozzy Osbourne Tribute Took a Wild Turn When Johnny Depp Walked ...
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to ...
Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a $2.68 billion net loss in the first half of the year due to U.S. tariffs and some hefty charges. The automaker ...