Stellantis, the parent company of Chrysler, Dodge, Jeep and Ram, said tariffs and higher costs led to big losses in the first half of 2025.

President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.

Stellantis hopes to counteract some of the expected 1.5 billion-euro ($1.7 billion) cost of tariffs this year by boosting North American profitability with new model launches like the discontinued Jeep Cherokee,