Stellantis reinstates guidance but flags 'tough decisions' after $1.7 billion tariff impact

Auto giant Stellantis on Tuesday reinstated its financial guidance and touted a gradual recovery over the coming months

Auto giant Stellantis on Tuesday reinstated its financial guidance and touted a gradual recovery over the coming months.

Stellantis, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, reported a first-half net loss of 2.3 billion euros ($2.65 billion), compared to a net profit of 5.6 billion euros over the same period in 2024.

The multinational conglomerate had flagged the first-half loss in a surprise trading update last week, saying at the time that the move was necessary due to the difference between consensus forecasts and the firm’s performance.

Stellantis updated its full-year tariff impact to roughly 1.5 billion euros, of which 300 million euros was incurred during the first half of 2025.

New CEO Antonio Filosa, who officially took the top job last month, said in a call with analysts Tuesday that the automaker has been working with President Donald Trump’s administration since the tariffs were implemented. He said he wants the administration “to properly recognize the high American U.S. content in some vehicles” when it comes to duties.