Stellantis sees greater tariff impact
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You might have noticed that in recent times, it seems that most of Stellantis's North American model lineups have been slimmed down to just a small handful of options–options that seem like they're either incredibly dated,
(Reuters) -Shares in major European carmakers rose on Wednesday, tracking a steep rally in some of their Asian rivals, after Tokyo struck a trade deal with the United States, fuelling optimism for a similar agreement with Europe.
Chinese OEMs doubled their market share and outsold brands like Ford across the first half of the year, according to the latest data from Jato Dynamics.
Trading updates and corporate earnings from some of Europe’s auto giants show the extent to which Trump’s tariffs have started to take their toll.
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
Stellantis NV’s new chief executive offered investors a glimpse of his plan to overhaul the automaker for a global car market that’s being reshaped by President Trump.
Stellantis may have to close factories due to the risk of hefty European Union fines for not complying with CO2 emission targets.