#stellantis

#stellantis

Stellantis anticipates a $2.7 billion loss in the first half of 2025 due to tariffs on EU imports, which may increase costs by 30%.

"When Ram made the decision to discontinue production of the iconic Hemi V-8, the internet erupted, and lifelong loyalists voiced their outrage across social media."

Stellantis is under pressure as it faces profitability and sales issues, compounded by industry-wide challenges, forcing new CEO Antonio Filosa to drive a turnaround.

"Our commitment to quality journalism means that we bring critical stories like the fight for reproductive rights to the forefront without placing them behind paywalls, making them accessible to all."

Stellantis' sales declined by 12% in Q1, reflecting ongoing challenges except for Chrysler's Pacifica, which showed significant increases.

Stellantis' multi-billion-dollar investment in the US aims to strengthen its manufacturing and create stability for the American workforce, reflecting a commitment to job growth.

Doug Ostermann, the Jeep maker's CFO, mentioned, "Most of the disagreements related to tactical issues on how to run the business over that kind of short-term time period and what actions should be taken in regard to short-term metrics versus longer-term benefit of the company." This highlights the contrasting visions of Tavares and the board, indicating how tactical approaches can divert focus from overarching goals.