A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025.<\/p>\n
Eva Marie Uzcategui | Bloomberg | Getty Images<\/p>\n
Stellantis<\/a> on Thursday issued a warning on one-off costs through the second half of the year as the embattled automaker seeks to respond to political, economic and regulatory challenges.<\/p>\n The multinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, reaffirmed<\/a> its financial guidance for the second half of the year, citing continued improvement in net revenues, cash flow and operating income.<\/p>\n Stellantis said, however, that it expects to incur charges in the six months through to December that, once finalized, will be “largely excluded” from its operating income.<\/p>\n Milan-listed shares of Stellantis fell as much as 6% on the news, before paring losses to trade around 5% lower at 9:17 a.m. London time (5:17 a.m. ET). The stock price is down more than 25% year-to-date.<\/p>\n The warning on one-off charges came despite what appeared to be a fairly positive third quarter. It’s likely to be seen as a welcome boost as CEO Antonio Filosa executes his turnaround plan.<\/p>\n Stellantis said net revenues for the July-September period came in at 37.2 billion euros ($43.2 billion), reflecting an increase of 13% year-on-year, mainly driven by growth in its North American and European markets.<\/p>\n Analysts had expected third-quarter net revenues to come in at 36.58 billion euros, according to an LSEG-compiled consensus.<\/p>\n “As we continue to implement important strategic changes in order to provide our customers with greater freedom of choice, we have seen positive sequential progress and solid year-over-year performance in Q3, marked by the return of top-line growth,” Stellantis’ Filosa said in a statement.<\/p>\n “We are also taking decisive actions to align Stellantis’ resources, programs and plans to support long-term, profitable growth, including our recently announced<\/a> $13 billion investment in the U.S.,” he added.<\/p>\n Stellantis unveiled plans to invest in the U.S. earlier this month as part of a push to accelerate growth and expand its domestic footprint. It marked the largest U.S. investment in the firm’s 100-year history, which the company said will include the launch of five new vehicles and the creation of more than 5,000 jobs.<\/p>\n The announcement comes amid President\u00a0Donald Trump<\/a>‘s efforts to create more manufacturing jobs in the U.S. through the use of aggressive tariffs, especially for the automotive industry. The company said the plans expand those\u00a0Stellantis Chair John Elkann<\/a>\u00a0detailed to Trump in January.<\/p>\n \u2014 CNBC’s Michael Wayland contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami,…\n","protected":false},"author":2,"featured_media":260583,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[36180,10060,28,122,1072,8084,5889],"class_list":["post-260582","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-antonio-filosa","tag-autos","tag-business","tag-business-news","tag-donald-j-trump","tag-earnings","tag-stellantis-nv"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/260582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=260582"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/260582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/260583"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=260582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=260582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=260582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}