Stellantis NV

Auto giants ditch financial guidance as industry reels from Trump tariff chaos
New vehicles displayed for sale at a General Motors Co. Chevrolet dealership in Miami, Florida, US, on Saturday, April 5, 2025. Bloomberg | Bloomberg | Getty Images European auto giants reported a sharp drop in first-quarter profit, and many suspended or cut full-year financial guidance, partially attributing the industry pain to U.S. President Donald Trump’s […]
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Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs
Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico, on April 4, 2025. Henry Romero | Reuters Auto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to uncertainties regarding the impact of U.S. […]
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Chinese startup Leapmotor to supply EV platform to state-owned luxury carmaker’s Hongqi brand
Leapmotor has struck a deal with Chinese state-owned automaker FAW to deliver an electric vehicle platform that will be used to drive overseas sales for Hongqi, an emerging national champion, executives from both companies said. The deal brings together an unlikely pairing. Leapmotor, a profitable upstart automaker in China’s crowded EV market, will supply the […]
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Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when […]
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Trump wants automakers to move vehicle production to the U.S. It’s not that simple
Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted last week at a reprieve from 25% auto tariffs, he suggested it would be to allow automakers more […]
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5 European stocks to watch this earnings season as Trump’s tariffs hit
Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump’s tariffs. The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the most bearish forecasts. Negotiators from […]
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U.S. vehicle supply is falling amid tariff fear-buying
Brand new KIA cars are displayed on the sales lot at Serramonte Kia on March 26, 2025 in Colma, California. Justin Sullivan | Getty Images DETROIT – Supplies of new and used vehicles for sale in the U.S. are declining rapidly as consumers flock to purchase cars and trucks ahead of potential price increases due […]
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