Automaker Stellantis said Monday it expects to post a first-half loss of approximately $2.7 billion, citing heavy restructuring expenses and mounting U.S. import tariffs as key factors behind the projected shortfall.
The company, which owns brands including Jeep, Peugeot, and Fiat, is undergoing a major global restructuring aimed at streamlining operations and pivoting toward electric vehicle production. Those efforts have led to significant one-time charges, particularly in Europe and North America.
In addition, new U.S. tariffs on Chinese-made electric vehicles and components have disrupted supply chains and increased costs for Stellantis, which relies on global sourcing for its EV strategy.
“While these are short-term financial impacts, they are necessary steps to position Stellantis for long-term competitiveness and growth,” the company said in a statement.
Despite the anticipated loss, Stellantis maintained its full-year guidance, pointing to expected improvements in the second half of 2025 as cost-saving measures take effect and new EV models roll out across key markets.
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