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34 new news items in the last 24 hours
21 July 17:55

Stellantis reported expenses of €3.3 billion, announcing program cancellations and a drop in sales, especially in the US.

Raluca Ioana Draghici
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Economy
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Stellantis made significant losses in the first half of the year, with expenses of €3.3 billion, announcing the cancellation of projects, including hydrogen. Sales are down 25% in North America and demand in Europe is weak. The company, under new CEO Antonio Filosa, is facing major challenges, including €300m in costs due to tariffs imposed by Trump. Stellantis shares are down 37% since the start of the year.

Sources

sursa imagine
Economica
Stellantis, pierderi de 2,3 miliarde de euro în primul semestru. Compania încearcă să-și reînnoiască gama de produse și se luptă cu tarifele impuse de Trump
sursa imagine
Ziarul Financiar
Giganţii auto resimt efectele tarifelor Trump: Stellantis, al doilea cel mai mare producător din Europa, estimează pierderi de 2,3 miliarde de euro în prima jumătate a anului
sursa imagine
Business Magazin
Giganţii auto resimt efectele tarifelor Trump: Stellantis, al doilea cel mai mare producător din Europa, estimează pierderi de 2,3 miliarde de euro în prima jumătate a anului

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Stellantis has signed an agreement with the unions to extend the reduced working hours program at the Mirafiori plant in Turin by five months, due to weak demand.
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Mercedes-Benz CEO Ola Kaellenius has challenged the EU's plan to ban CO2-emitting vehicles from 2035, warning of the risks to the European car industry
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The European car market recorded a growth of 5.9% in July, the largest increase in the last 15 months, due to demand for electric and hybrid vehicles.
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International
Harvard University has announced that its research activities will be delayed due to reduced federal funding
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Stellantis Loss customs tariffs cost increase automotive industry

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