By Benjamin Chiou
Date: Monday 21 Jul 2025
(Sharecast News) - Stellantis said on Monday it expects a negative hit from US trade tariffs of €300m for the first half, as the carmaker revealed it had swung to a net loss during the period.
Ahead of the company's first-half results on 29 July, Stellantis said it booked a net loss of €2.3bn for the first six months of the year, down from a profit of €5.62bn a year earlier, held back by €3.3bn of charges, including the early effects of Donald Trump's trade duties on auto imports into the US, as well company restructuring costs.
According to FactSet consensus estimates, analysts had pencilled in a net profit of €1.24bn for the half.
Madrid-listed shares of the Jeep, Dodge, Fiat, Chrysler and Peugeot owner were down 2.1% at €7.75 by 1140 CEST, while US futures were down 2.0% at $9.02 ahead of the opening bell.
Also weighing on the bottom line was a 13% drop in first-half revenues to €74.3bn as vehicle shipments declined to 1.45m from 1.54m.
"While Stellantis has its own issues, including expensive restructuring costs, this could still be a warning sign for other European car manufacturers as we await their earnings," said Kathleen Brooks, research director at XTB.
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