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International Business Times
International Business Times
Business

INSANE: Us tariffs help push jeep owner stellantis into big loss | Vintage Vibes

Jeep owner Stellantis said it felt the first effects of US tariffs in the first half of 2025 (Credit: AFP)

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.

The 2.3-billion-euro ($2.7-billion) net loss in the first half of the year came as sales in North America continued to slump, down 25 percent by volume in the second quarter year-on-year.

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