Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs

Group 1 - Stellantis has withdrawn its full-year financial guidance due to uncertainties related to U.S. trade policy [1] - The company reported first-quarter net revenues of 35.8 billion euros ($40.7 billion), which is a 14% decline compared to the previous year [2] - The decline in net revenues is attributed to lower shipment volumes, an adverse regional mix, and price normalization [2]