Stellantis Projects $2.7 Billion H1 2025 Loss, Blames Trump Tariffs

Automotive giant Stellantis announced Monday it anticipates a significant $2.7 billion loss for the first half of 2025, largely attributing the financial blow to the ongoing impact of President Donald Trump’s tariffs. Preliminary figures indicate that direct tariff payments and resulting production shortfalls alone accounted for nearly $350 million of the anticipated losses.

The company also reported a sharp 25% decline in North American sales during the second quarter, which concluded in June. This substantial drop was primarily driven by reduced manufacturing and shipments of imported vehicles, which bore the brunt of the tariff policy.

The 25% tariffs on imported vehicles and auto parts, enacted on April 2, 2025, immediately strained Stellantis. The automaker responded swiftly, temporarily pausing production at its Windsor, Canada, and Toluca, Mexico plants the day after the tariffs were implemented. This led to the unfortunate layoff of 900 employees across various U.S. facilities in Michigan and Indiana. Even with a subsequent easing of auto tariffs by Trump, the levies clearly had a profound effect on Stellantis’s performance throughout the first half of the year.

Stellantis released these preliminary results to address the disparity between analyst forecasts and the company’s actual performance, having previously halted official guidance on April 30. The comprehensive losses also include expenses from efforts to boost profitability and compliance charges related to fuel emissions standards. The company had already foreseen a challenging year, marked by strategic adjustments, inventory reductions, and initiatives to strengthen dealer relationships, all under the new leadership of CEO Antonio Filosa, who took the helm last month.

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