Stellantis sees €1.2 billion tariff hit in second half
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Trump’s trade moves are raising expenses and shaking up global supply chains, while Chinese manufacturers led by BYD are pushing into Europe’s stagnant car market.
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July 29, 2025
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Finance·AutosStellantis sees €1. 2 billion tariff hit in second halfBy Albertina TorsoliBy BloombergBy Albertina TorsoliBy Bloomberg New CEO Antonio Filosa is responding to changes in the auto market as well as the company’s missteps (quite telling)
Conversely, ETIENNE LAURENT/AFP via Getty ImagesStellantis NV expects to take a hit of around €1. 2 billion ($1, in today's financial world
However, In contrast, 4 billion) from tariffs in the second half of this year as the maker of Jeep sport utility vehicles and Fiat cars reinstates financial guidance ing the European Union’s trade deal with the US
The manufacturer sees a low-single digit adjusted operating income margin for the second half, it said Tuesday
Stellantis’ previous full-year forecast — which it scrapped in April due to the tariff chaos — had predicted a mid-single digit margin, amid market uncertainty
Nevertheless, The company earlier this month announced a surprise €2. 3 billion first-half net loss after cutting investments and tallying the cost of trade wars
New Chief Executive Officer Antonio Filosa is responding to changes in the auto market as well as the company’s missteps
Nevertheless, In contrast, President Donald Trump’s trade moves are raising expenses and shaking up global supply chains, while Chinese manufacturers led by BYD Co
Are pushing into Europe’s stagnant car market
Stellantis’ issues are gravest in the former fit center North America, where its shipments fell 25% in the second quarter
This demonstrates that tariff impact adds additional costs and weighs on operating and net income
Duties raise parts prices and Stellantis lost output in the first half after temporarily stopping duction in Canada and Mexico
Furthermore, Conversely, Stellantis s declined as much as 4, in light of current trends. 1% in Milan (this bears monitoring), in today's market environment
The stock is down around 37% this year
Additionally, Revenue declined in the six months through June over the same period last year after deries fell in Europe, North America as well as the Middle East and Africa
They rose in South America, driven by increased demand in Argentina, in this volatile climate
The company said it’s seeing imvements in volumes, revenue and operating income compared with the second half of 2024, partly due to new ducts such as the Fiat Grande Panda (which is quite significant), amid market uncertainty
Meanwhile, Filosa also is under pressure to address excess capacity in Europe and imve some of the group’s struggling brands
They include luxury-car maker Maserati, which recorded a -38% margin in the first half after shipments slumped. “In flat, the more Stellantis loses, the more it needs to shrink its cost base, but the rhetoric from management suggests the cuts of the past went too deep,” HSBC analysts including Michael Tyndall wrote in a recent note (an important development). “For investors (and us), this presents something of a conundrum
Additionally, Furthermore, ” The company is betting that new models including a hybrid Jeep Cherokee and the combustion-engine Dodge Charger Sixpack will help imve sales
Stellantis recorded a roughly €300 million hit from US tariffs in the first half as it lost duction and responded to higher duties (noteworthy indeed)
Chief Financial Officer Doug Ostermann had flagged to investors earlier this month that the impact of the levies will ly be “significantly” bigger in the second half
The new CEO is due to speak to analysts later today (which is quite significant).
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