Stellantis sees greater tariff impact
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This earnings season is revealing the real impact of President Trump’s steep tariffs on European automakers. CNBC’s Silvia Amaro takes a look under the hood.
Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in South Africa starting with the C10 from September, the company said on Tuesday.
Stellantis on Monday reported a $3.7-billion loss for the first half of 2025 and General Motors reported its net income plummeted 35 per cent to $2.58 billion in the second quarter from $4 billion in the same quarter of 2024.
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The company reported preliminary losses of $2.7 billion on $83 billion in revenue for the first six months of the year, compared to a profit of $6.5 billion on nearly $100 million in revenue in
Archer’s Ascent and Stellantis’ Support Archer Aviation (NYSE:ACHR) is pioneering electric vertical takeoff and landing (eVTOL) aircraft with its Midnight model, designed for eco-friendly urban air taxi services.
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Stellantis, the auto giant behind Jeep, Ram, Dodge, and Fiat, is having a rough 2025. The company just posted a jaw-dropping $2.68 billion