💨 Abstract

Stellantis announced that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) for the year 2025. The company reported that net profits drastically decreased from 5.6 billion euros ($6.5 billion) due to expenses incurred from the cancellation of a hydrogen fuel project, changes in U.S. carbon emission regulations, and write-downs.

Courtesy: WTOP Staff