Stellantis Readies Price Hikes Due To Trump’s Tariffs

The New York Times reports:

Stellantis, the maker of Chrysler, Jeep and Ram vehicles, reported a big loss on Monday, which it blamed, in part, on President Trump’s tariffs. The company, which also owns European brands like Peugeot, Fiat and Opel, said it lost 2.3 billion euros ($2.7 billion) in the first half of the year after revenue fell 13 percent to €74.3 billion.

Tariffs cost the company €300 million, Stellantis said, while factory shutdowns related to Trump trade policies contributed to a 25 percent decline in the number of cars delivered to U.S. buyers.

Tariffs may soon force the company to begin raising car prices, Doug Ostermann, the company’s chief financial officer, said during a conference call on Monday. “Tariffs are inherently inflationary,” he said.

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Stellantis swings to loss as Trump tariffs hit maker of Fiat and Jeep https://t.co/vRkZTt8Krn

— Financial Times (@FT) July 21, 2025