Synopsis

Stellantis, the company that owns Jeep, Peugeot, and Fiat, announced Wednesday it is putting its 2025 earnings forecast on hold. The reason is uncertainty linked to tariffs in the United States.

Stellantis
Stellantis, the parent company of Jeep, Peugeot and Fiat, said Wednesday it was suspending its 2025 earnings forecast due to uncertainty caused by US tariffs.

The global automaker, whose brands also include Ram trucks, Opel and Dodge, said that despite 14 percent drop in first quarter revenue to 35.8 billion euros ($40.7 billion) it saw signs of a commerical turnaround.

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