1 year ago

Stellantis Sales Decline, Suspends Financial Guidance Amid Tariffs

Stellantis Sales Decline, Suspends Financial Guidance Amid Tariffs
Stellantis posts sales slump, suspends 2025 guidance on tariffs · CNBC TV 18

Imagine a car company, Stellantis, that makes cars like Jeeps and Fiats.

They made less money in the first few months of the year because they didn't sell as many cars.

Things are tricky right now because of new rules about taxes on cars coming into the country.

Because of this, Stellantis isn't sure how much money they'll make next year, so they paused their plans.

They are also looking for a new boss.

Other car companies like Volkswagen and Renault are doing better in Europe.

Key facts

Revenue Decline
14%
Revenue Amount
€35.8 billion
Brands Owned
Fiat, Peugeot, Chrysler, Jeep, Ram, Dodge
CEO Search Completion
Before the end of June
European Sales Decline (March)
5.9%

Sources

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