Stellantis Is Set to Lose Insane Amounts of Money Over Tariffs

Stellantis, parent company for industry giants like Jeep, Dodge, and Ram, made the bold move to suspend its full-year financial guidance back in April, citing uncertainties regarding tariffs. On Monday, the company revealed some preliminary estimates for the first half of 2025, now that the tariffs have begun to take effect. And the numbers aren’t looking good.

The auto conglomerate expects a net loss of $2.68 billion through the first half of the year. Stellantis also released global delivery numbers for the second quarter of 2025, revealing a negative 6 percent change in shipments, including a massive 25 percent drop for North America—equivalent to around 109,000 units.

Specifically, Stellantis expects a $300 million hit to its business directly from tariffs incurred by its shipments.

The rest of the loss was blamed on the cancelation of planned production, done in response to tariffs, as well as unspecified actions taken to “improve performance and profitability,” the results of which won’t be reflected until the second half of 2025. The company also mentions higher industrial costs, geographic factors, and changes in foreign exchange rates.

As for the drop in sales, Stellantis lists multiple reasons for the decline. The company pointed the blame to lower fleet sales and “product transition factors.” Those include Smart Car’s new line of vehicles and the recently-revealed Fiat 500 hybrid, neither of which has yet to ramp up to full production.

It’s not all bad, though. While North America and Europe saw declines, Stellantis’s other regions saw big gains. The Middle East and Africa were up 30 percent, while South America was up 20 percent. 

This is all to say, Antonio Filosa has a lot of work to do. The newly minted CEO, appointed in May, said in a past statement that “[t]here is nothing wrong at Stellantis that cannot be fixed with what is right at Stellantis.” The company has also shrugged off rumors it would offload struggling brands like Maserati to improve cash flow, or idle brands like Chrysler to streamline costs. 

With tariffs now in full effect, we won’t have to wait long to see how Filosa’s vision shakes out.