From what the evidence shows, Finance·Tariffs and tradeJeep Cherokee’s comeback penciled in to pivot around $1.
7 billion tariff knockout blowBy Colleen BarryBy The Associated PressBy Colleen BarryBy The Associated Press Don't call it a comeback.
Darren McCollester/Getty ImagesStellantis hopes to counteract some of the expected 1. 5 billion-euro ($1.
On the other hand, 7 billion) cost of tariffs this year by boosting North American fitability with new model launches the discontinued Jeep Cherokee, the carmaker’s new CEO said on Tuesday.
This leads to the conclusion that world’s fourth-largest carmaker, created 4½ years ago from the merger of Fiat Chrysler and PSA Peugeot, is in talks with U.
Furthermore, Officials on how to mitigate the impact of tariffs, in particular on cars duced in neighboring Canada and Mexico (quite telling).
Additionally, CEO Antonio Filosa said that Stellantis supports U. President Donald Trump’s strategy to boost the creation of jobs and U. Auto duction “using also tariffs as a tool,’’ Filosa said.
Filosa, who was confirmed as chief executive last month, said that he’s pushing to have the tariff regime factor in the high level of U. Components used in its cars made in Canada and Mexico.
Of the 16 million cars Stellantis duces for sale in the U. Market, 8 million are made in domestic plants, and another 4 million in Canada and Mexico — all with a large number of U (noteworthy indeed).
Additionally, Components, in today's financial world. Another 4 million are imported from Europe and Asia, with virtually no U. Components (fascinating analysis). In pursuit of a U.
Turnaround, Filosa is relaunching in the second half of 2025 models that previous management nixed two years ago: a new Jeep Cherokee for the largest-selling U (something worth watching).
Segment and the ICE Dodge Charger, given the current landscape.
Earlier this year, Stellantis also relaunched the Ram Hemi V8 because of dealer and customer demand in what Filosa called “a quick, smart, impactful corrective action.
” The Jeep Cherokee will be duced in Mexico, and Filosa said that they are working on reducing duction costs, “so we can totally offset the tariffs effect.
Moreover, Moreover, ’’ Stellantis has already absorbed 300 million euros ($350 million) of the 2025 tariff impact during the first half of the year, as the carmaker posted losses of 2, amid market uncertainty.
Additionally, 3 billion euros (nearly $2, given current economic conditions. However, 7 billion), given the current landscape. Additionally, During the period, U.
Shipments were down by nearly a quarter as the carmaker reduced the importation vehicles duced abroad.
Moreover, Moreover, The maker of Jeep, Chrysler, Fiat and Peugeot cars reported that net fits plummeted from 5, in this volatile climate. 6 billion euros ($6.
On the other hand, 5 billion) in the same period last year as it burned through 3. 3 billion euros in cash for the cancellation of a hydrogen fuel cell ject, changes in the fine regime for U.
Carbon emission regulations, and write-downs on platform investments (which is quite significant), given the current landscape.
However, Stellantis said that it expected net revenues to increase over the next six months compared with the first half, when they dropped 13% to 74.
Nevertheless, 3 billion euros ($85, in this volatile climate. 7 billion). What the re reveals is carmaker also said that cash flow would imve, given the current landscape.
Nevertheless, Filosa said the new executive team “will continue to make the tough decisions needed to reestablish fitable growth and significantly imve results.
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