Auto Giant Stellantis (STLA) Warns of $2.7 Billion Loss Due to U.S. Tariffs
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The Europe-based company behind vehicle brands such as Dodge, Jeep, Fiat and Chrysler also forecast first-half revenue of 74.3 billion euros, down from 85 billion euros a year ago. The preliminary figures replace Stellantis' financial guidance, which the company suspended on April 30, citing uncertainty caused by tariffs.
The update reaffirms the challenges ahead for automakers in the wake of U.S. President Donald Trump's tariffs, and for new Stellantis CEO Antonio Filosa. The company said that its second-quarter vehicle shipments declined sharply due largely to the impacts of U.S. tariffs.
North American Sales
Specifically, Stellantis said its overall second-quarter shipments fell to an estimated 1.4 million vehicles, down 6% year-over-year. In North America, Stellantis said Q2 shipments are expected to decline by roughly 109,000 units, down an annualized 25%.
On April 3 of this year, a 25% U.S. tariff took effect on all motor vehicles imported into America from foreign countries. Stellantis' financial results for the first half of the year will be released on July 29. STLA stock is down 21% so far in 2025.
Is STLA Stock a Buy?
The stock of Stellantis has a consensus Hold rating among 18 Wall Street analysts. That rating is based on four Buy, 12 Hold, and two Sell recommendations issued in the last three months. The average STLA price target of $10.99 implies 16.36% upside from current levels.
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