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Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros ($2.68 billion) net loss in the first half of the year due to U.S. tariffs and some hefty charges.
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The company behind the brands Vauxhall, Jeep and Fiat says Trump's 25% tariff on cars has hit trade.
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Stellantis released preliminary estimates for the first six months of the year shortly after withdrawing its full-year financial guidance.
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