Its sales declined Stellantis Due to the recession of demand in North America, while suspending its financial forecasts for the year due to the uncertainty associated with them duties In the cars of US President Donald Trump.
Stellantis’s revenue decreased by 14% to € 35.8 billion ($ 40.7 billion) in the first quarter compared to a year earlier, Fiat, Peugeot and Chrysler, said today (30.4.2025). Guidance was withdrawn because US duty policies, which are ongoing, make it difficult to predict potential market impacts.
Stelantis is under pressure to redirect its business after the fall of sales and profits, which led to the removal of former boss Carlos Tavares. Its missions to North America declined by about fifth in the quarter, while the sluggish demand in Europe also burdened its results.
The automotive industry is still looking for a new CEO, as increasing obstacles are burdened by car sales. The search for Managing Director is on the right track and will be completed before the end of June, Stelandis said today (30.4.2024).
The shares increased by 0.4% in the first transactions and have fallen by about one -third this year.
Trump signed the instructions on the impact of his duties on cars yesterday, including changing certain duties to foreign components and preventing multiple contributions over each other. However, his front-back has already created uncertainty among automakers.
Porsche, General, Volvo and Mercedes-Benz reduced or withdrew their annual prospects this week due to commercial tensions. The automakers have also reduced costs and have adapted production to deal with changes.