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Stellantis says Trump rowback will ease tariff pain
Mercedes-Benz’s chief financial officer Harald Wilhelm said that if the tariffs remained in place for the full year, they would reduce the company’s profit margin in its car division, which slipped to 7.3 per cent in the first quarter, by 3 percentage points.
Stellantis CFO says the company is assessing the latest tariff news and cites dialogue with the Trump administration.
Stellantis assembles 58% of the vehicles it sells in the U.S. and, of these, 80% of content is domestic or USMCA-compliant ...
Several Stellantis assembly plants halted production in recent weeks due to tariffs, parts shortages, model changeovers and ...
Stellantis has suspended its full-year guidance for 2025, pointing to the impact of newly imposed U.S. auto tariffs and ...
Chrysler owner Stellantis and Mercedes-Benz withdrew their guidance for the year while Volkswagen said it was expecting ...
The automaker said it has temporarily halted European vehicle imports to the United States. Its revenue and shipments fell ...
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Jeep owner Stellantis suspends outlook over tariffsUS-European auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, dropped its annual financial guidance on ...
In the first quarter, net revenues fell 14% year-on-year to 35.8 billion euros ($40.7 billion) for the automaker, which in ...
Renault's two factories and Stellantis' three plants in Spain are gradually resuming production after they were impacted by ...
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