Car maker Stellantis says US tariffs have cost it E300m

Source: BBC

Car maker Stellantis says US tariffs have cost it €300m

21 July 2025

Rachel Clun
Business reporter, BBC News

The car company behind the brands Vauxhall, Jeep and Fiat says US President Donald Trump's tariffs have already cost it €300m (£259.6m, $349.2m).

Stellantis said the financial hit was a result of tariffs impacting trade and the company's loss of planned production in its response to the them.

A 25% tariff on cars being imported to the US has been place since April.

Trump's policy decision has threatened to upend global car trade and supply chains, with some car manufacturers, including Jaguar Land Rover (JLR) temporarily pausing exports to the US in response.

-snip-

Read more: https://www.bbc.com/news/articles/c4gd1rdp45go