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 has forecast that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of 2.3 ...

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

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

Stellantis NV sees tariffs setting back earnings by about €1.5 billion (US$1.7 billion) this year as higher duties hit the Jeep maker’s already struggling North American business.