Stellantis anticipates $2.7B first-half loss amid tariff impacts

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Source: CNBC
Stellantis anticipates $2.7B first-half loss amid tariff impacts
Photo: CNBC
TL;DR Summary

Stellantis expects a net loss of approximately $2.7 billion in the first half of 2023 due to tariffs, higher industrial costs, and other charges, with a significant decline in vehicle shipments and revenue compared to the previous year.

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