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International Business Times
International Business Times
Business

US Tariffs Help Push Jeep Owner Stellantis Into Big Loss

Stellantis United States Jeep Antonio Filosa Donald Trump
Jeep owner Stellantis said it felt the first effects of US tariffs in the first half of 2025 (Credit: AFP)

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.

The 2.3-billion-euro ($2.7-billion) net loss in the first half of the year came as sales in North America continued to slump, down 25 percent by volume in the second quarter year-on-year.

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