Carmaker Stellantis, the parent company of Jeep and Fiat, has reported a staggering net loss of $2.7 billion for the first half of the year, significantly impacted by U.S. tariffs and restructuring efforts. The company attributed the losses to a combination of tariff-related costs amounting to €300 million and substantial restructuring expenses. This downturn is marked by a 6% decline in Q2 shipments, which reflects ongoing challenges in key markets. As Stellantis navigates these turbulent times, it remains focused on a strategic reset under new leadership, while also projecting a cautious outlook amid continuing uncertainty surrounding tariffs and market conditions.