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The Stellantis logo is depicted at one of its collective factories after the announcement of the company, which states that it will focus on production there, in Talutsa, Mexico, Mexico, April 4, 2025.
Henry Romero | Reuters
Car Stellantis On Wednesday, he said he was withdrawing his full financial recommendations due to uncertainty regarding the influence of US President Donald Trump’s trade policy.
A multinational conglomerate that owns home names, including Jeep, Dodge, Fiat, Chrysler and Peugeot, reported net revenues in the first quarter of EUR 35.8 billion (40.7 billion), which reflects 14% drop compared to the previous year.
The company said the decline in net income was due primarily to the smaller volumes of shipment, the unfavorable regional mixture and the normalization of prices.
According to the Reuters poll, analysts expected the net revenues to come by 35.4 billion euros.
“While the results of the highest line of the 2025 quarter were below the level of the previous year, other KPPs reflect the early, initial progress in our commercial restoration efforts,” Osterman’s chief financial director said in a statement.
The car said he would disrupt his financial instructions in 2025 because of the tariff uncertainty, adding that he was “very engaged” with politicians on tariff policy.
Milan’s stock, listed by Stellantis, traded 2.9% higher at 8:25 am in London. The cost of the stock is reduced by approximately 32%.
The results come shortly after the World Automobile Sector welcomed something from Trump administration.
US president on Tuesday signed Executive order To water some authors.
Tariffs for 25% on imported cars in the US will continue, but new measures are aimed at reducing the overall level of import duties on the import of vehicles that have arisen as a result of individual levies – for example, an additional 25% tariffs for steel and aluminum – “laying” on each other.
According to the latest White House order, an additional 25% of auto parts, which were to start on May 3, will also take effect, but vehicles passing through the final assembly in the US will be able to claim partial compensation for these levies within two years.
– Michael Wayland & Michele Luhn has contributed to this report.
