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International Business Times
International Business Times
Business

INSANE: Jeep owner stellantis suspends outlook over tariffs | Vintage Vibes

Stellantis welcomed Trump's decision to soften some of the blow from tariffs (Credit: AFP)

US-European auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, dropped its annual financial guidance on Wednesday due to uncertainty over US President Donald Trump's tariffs.

The automaker, whose brands also include Ram trucks, Opel and Dodge, said it saw signs of a commercial turnaround despite a 14 percent drop in first quarter revenue to 35.8 billion euros ($40.7 billion).

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