Currently reading: New Stellantis boss to make 'tough decisions' after £2bn loss

Firm blames tariff uncertainty, foreign exchange headwinds and a decline in light commercial vehicle sales in Europe

The new CEO of Stellantis has vowed to make “the tough decisions” to fix the firm after it recorded a €2.3 billion (£2.0bn) post-tax loss in the first half of 2025.

The results, presented on Tuesday by the owner of Vauxhall, Jeep, Peugeot and more, were blamed on tariff uncertainty, foreign exchange headwinds and a decline in light commercial vehicle sales in Europe (in part due to the closure of its Luton van plant).

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