Stellantis warns of $3.7B Cdn loss for first half of 2025 due to tariffs and some big charges
Stellantis, the maker of Jeep and Ram vehicles, says preliminary estimates show a 2.3-billion euro (nearly $3.7-billion Cdn) net loss in the first half of the year due to U.S. tariffs and hefty charges. The news prompted swift reaction from the head of Canada's Automotive Parts Manufacturers' Association (APMA).