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Automotive Industry

  • Stellantis warns of a $2.7B loss for 1H amid tariff headwinds. Stellantis is down 30% YTD and 55% over the last 52 weeks.
    Big Three automaker Stellantis warned on Monday that it expects a 2.3 billion euro ($2.7 billion) net loss for the first half of 2025, hit by restructuring costs, ebbing sales, and an initial hit from US tariffs. Yahoo Finance.
  • Stellantis has been struggling for several years. It takes some moxie to now blame it on tariffs.
  • Tesla is down 18% YTD but paring some of its losses. It was up 3% Friday and points up today.

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