Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs
- Global automaker Stellantis suspended its 2025 earnings forecast today.
- Uncertainty from evolving US tariff policies caused the financial guidance suspension.
- First quarter revenue dropped 14 percent to 35.8 billion euros.
- Lower shipment volumes primarily drove the revenue decline, falling nine percent to 1.22 million vehicles.
- Stellantis plans to reassess capital spending and calibrate production to mitigate impacts.
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Jeep, Dodge Owner Stellantis Extends Employee Pricing Till June As Auto Sector Grapples Tariff Uncertainty: Report - Stellantis (NYSE:STLA), Ford Motor (NYSE:F)
Detroit-based automaker Stellantis NV (NYSE:STLA) will reportedly extend its employee pricing program until early June. What Happened: Dealers learned that the company's "Employee Pricing For All" program, which was set to expire in May, will continue till the month of June, The Detroit News reported on Thursday. The report suggests that the employee discounts program, which was originally called the "Freedom of Choice" program, can be combined …
Trump's tariffs freeze automobile forecasts for 2025: Stellantis and Mercedes are infected with uncertainty
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As earnings plunge amid trade war, Stellantis explores U.S. supply chain options
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