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Stellantis Reinstates Guidance, Expects Second-Half Rebound Despite Tariffs

Stellantis Reinstates Guidance, Expects Second-Half Rebound Despite Tariffs

Stellantis STLA -4.24%decrease; red down pointing triangle reinstated financial guidance for the year, saying it expects to report a sequential improvement in revenue and profitability in the second half of the year.
The carmaker had suspended its full-year guidance in April as it became difficult to predict the impact of President Trump's 25% tariffs on market volumes and the competitive landscape and has been working to improve sourcing opportunities and cut production.
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