Stellantis, H1 net loss
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Chrysler parent Stellantis is recalling 121,398 vehicles in the U.S. due to head restraints that may not lock properly and an increased risk of injury to the seat occupant during a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday.
This earnings season is revealing the real impact of President Trump’s steep tariffs on European automakers. CNBC’s Silvia Amaro takes a look under the hood.
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
By Nqobile Dludla JOHANNESBURG (Reuters) -Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in South Africa starting with the C10 from September, the company said on Tuesday.
Archer’s Ascent and Stellantis’ Support Archer Aviation (NYSE:ACHR) is pioneering electric vertical takeoff and landing (eVTOL) aircraft with its Midnight model, designed for eco-friendly urban air taxi services.
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“A world with tariffs is unacceptable for us,” Beato said. “A world with tariffs puts our plant in a vulnerable position, even more so than it is now, and not only for our plant, but all of southern Ontario and the whole auto industry.”
The Trump tariffs are making life difficult for car manufacturers with global operations who need to sell cars in the US
Stellantis, the auto giant behind Jeep, Ram, Dodge, and Fiat, is having a rough 2025. The company just posted a jaw-dropping $2.68 billion