Stellantis, the parent company of Chrysler, Dodge, Jeep and Ram, said tariffs and higher costs led to big losses in the first ...

Paris (AFP) — Jeep owner Stellantis said Tuesday it sees sales revenue and profitability rebounding in the second half of the year despite taking a 1.5-billion-euro ($1.7-billion) hit from US tariffs.

Stellantis reinstated its full-year outlook Tuesday after suspending it in April due to uncertainty around tariffs.

For the first half, the maker of car brands including Jeep, Fiat, Peugeot and Ram posted a 13% drop in net revenue.