Stellantis Sees €1.2 Billion Tariff Hit in Second Half of 2025
The manufacturer sees a low-single digit adjusted operating income margin for the second half, it said Tuesday. Stellantis' previous full-year forecast — which it scrapped in April due to the tariff chaos — had predicted a mid-single digit margin. The company earlier this month announced a surprise €2.3 billion first-half net loss after cutting investments and tallying the cost of trade wars.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
13 minutes ago
- Bloomberg
Japan Yields Slip, Casting Doubts on 10-Year Bond Auction Demand
Japan's government bond yields fell on Monday morning following a weaker-than-expected US employment report, raising concerns about demand at a 10-year debt sale on Tuesday. The 5-year yield dropped as much as 9 basis points to 0.99% and the 10-year rate was down 8.5 basis points to a low of 1.465%. The moves come after US Treasuries surged on Friday as a surprisingly soft payroll report saw traders ramp up their bets on Federal Reserve interest-rate cuts this year.
Yahoo
38 minutes ago
- Yahoo
Vinicius Junior's camp confirm no Real Madrid contract agreement
Real Madrid superstar Vinicius Junior is no closer to agreeing a contract extension with the La Liga giants this summer. The Brazil international remains vitally important to Xabi Alonso's plans in the Spanish capital but there are questions facing both after the FIFA Club World Cup exit. A 4-0 semi final humbling at the hands of rivals PSG sharpened the focus on Alonso and his players with Vinicius coming in for criticism. Real Madrid are rumoured to be have unimpressed with his efforts in the USA, which he is to be punished for, and that could have a knock-on effect to his future. Ongoing interest from the Saudi Pro League remains in the background and Real Madrid want an answer from their No.7. Vinicius Junior's Real Madrid contract update Real Madrid are working on a new contract with Vinicius, and it's been reported an agreement has been reached – with the idea being for it to be signed later this summer – but that no longer looks to be the case. His current deal in the Spanish capital runs until 2027, with Real Madrid pushing to extend it to 2030, but the situation is now at a standstill. Saudi clubs are on alert over the situation, as Real Madrid seek to avoid him slipping into the final 12-18 months of his contract at the Estadio Santiago Bernabeu. Image via Reuters The 24-year-old answered questions on his future at the Club World Cup, which gives Real Madrid hope. 'I hope I can stay here for many years. I've always said it's the club of my life. I'm very happy with the coach and the staff, I hope I can stay,' as per Mundo Deportivo. 'I have a two year contract until 2027. I want to stay for my entire career and make history in this team.' Vinicius' agent blocks Real Madrid talks With Real Madrid effectively pausing the negotiations, with the player is yet to make a decision, and reports from Cadena COPE claim his representatives have confirmed no renewal is in place.
Bloomberg
43 minutes ago
- Bloomberg
South Korean President's Approval Rises After US Trade Deal
South Korean President Lee Jae Myung's popularity rose after a last-minute trade deal with the US. Lee's approval climbed to 63.3% from 61.5% last week, according to a Realmeter survey released Monday. The survey was commissioned by a local newspaper and conducted between July 28 and August 1.
