Stellantis N.V. is a multinational automotive manufacturer formed through the merger of Fiat Chrysler Automobiles and PSA Group. The company designs, engineers, manufactures, and sells a diverse portfolio of vehicles across multiple brands, including well-known names such as Jeep, Ram, Peugeot, Citroën, and Fiat. Stellantis aims to deliver innovative and sustainable mobility solutions while catering to a wide range of customer preferences and market segments worldwide, focusing on electric vehicles, advanced technologies, and connectivity in the automotive industry. Read More
Trump to sign Take It Down Act targeting deepfake media, while easing tariffs on foreign parts for US vehicles. Apple reports strong earnings and considers shift to India amid China tariff pressures.
Stellantis NV (NYSE: STLA) reported a 14% drop in Q1 FY25 revenue to €35.8 billion, citing weaker shipments and pricing pressures. North American production delays and European transition gaps impacted performance, while new model launches helped boost EU30 market share.
The company stated that it is engaging extensively with relevant governments on tariff-related policy and is also taking steps to adjust production plans and identify improved sourcing opportunities.
Retail investor interest in GM, Ford, and Stellantis surged on Stocktwits after President Trump signed an executive order ending overlapping import tariffs, easing pressure on automakers.
The U.S. automaker’s market share in the EU, European Free Trade Association, and the UK put together subsequently fell to 2% in March from 2.9% in the corresponding month of 2024.
