The Stelantis logo was filmed in a assembly factor after the company announced that it would stop production there, in Toluca, Mexico, Mexico, on April 4, 2025.
Henry Romero Reuters
Auto giant Stelantis On Wednesday, she said that she withdraws her financial guidelines for the whole year due to uncertainty about the influence of US President Donald Trump’s policy.
The multinational group, which has the names of families, including Jeep, Dodge, Kirisler and Peugeot, has reported net revenues in the first quarter of 35.8 billion euros (40.7 billion dollars), which reflects a 14 % decrease from the previous year.
The company said that the decrease in net revenue was primarily due to the low charging sizes, a negative regional mix and the normalization of prices.
Analysts expected that the net revenue of Stelantis would reach 35.4 billion euros, according to a Reuters poll.
“While the results of the first quarter of 2025 were less than the levels of the previous year, other major performance indicators reflect the early preliminary progress in our commercial recovery efforts,” Doug Ostroman, Stellantis Financial Director, said in a statement.
The car maker said that he would cancel the 2025 financial guidance due to the uncertainty related to the tariff, adding that he is “very involved” with policy makers on tariffs.
The shares of Stellantis listed in Milan were traded by 0.8 % in the middle of the day in London, which led to previous gains. The share price decreased by about 32 % on an annual basis.
The results come shortly after the global auto sector welcomed some management from the Trump administration.
The US President signed on Tuesday Executive order To reduce some automatic definitions.
The 25 % definitions will continue on imported vehicles in the United States, but new measures aim to reduce the total level of duties on vehicle imports that result from separate fees – such as an additional 25 % tariff on steel and aluminum – “accumulation” over each other.
Under the latest request from the White House, it will also remain valid 25 % on the auto parts that were set by May 3, but vehicles that pass through the final assembly in the United States will be able to qualify for the partial match on these two years.
Michael, Island and Michel Lahn from CNBC contributed to this report.
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