Stellantis, the automotive giant formed by the merger of Fiat Chrysler and PSA group, reported a importent financial downturn in the first half of 2025, with revenues falling 13% year-over-year to €74.3 billion. The company also posted a net loss of €2.3 billion for the period. This performance marks a challenging year for the automaker, according to its newly appointed Chief Executive Antonio Philosa. The decline in revenue is attributed primarily to decreased sales in North America and Europe, despite experiencing growth in South America.
The automotive industry is navigating a complex landscape,including the impact of tariffs. The United States implemented a 25% tariff on imported cars on April 3, 2025, with certain exceptions, as noted by The Yale Research Center The Budget Lab. More recently, the EU and the US reached a trade agreement that imposes a 15% duty on goods exported from the EU to the United States, including cars but excluding metals. The Budget Lab has estimated that these tariffs could lead to a short-term increase of 12.3% in car prices and a long-term increase of 9.5%.
In response to these market conditions, Stellantis stated that the company is actively engaging with relevant decision-makers and continuing with long-term scenario planning.
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