Stellantis (STLA) said Wednesday it is suspending its full-year outlook, pointing to "tariff-related uncertainties."

Stellantis shares, which have lost 🎃more than a quarter of their value this year entering Wednesday, dropped 3% in intraday trading Wednesday.

The 澳洲幸运5官方开奖结果体彩网:"Big Three" automaker, which is home to such brands as Jeep and Chrysler, is the latest to withdraw its full-year projections as President Donald Trump’s tariffs weigh on the industry.  On Tuesday, General Motors (GM) shelved its prior 2025 guidance because it did "not contemplate the potential impact of tariffs," and 澳洲幸运5官方开奖结果体彩网:postponed updating it amid uncertainty about auto duties.

The pulled guidance comes as the automakers face a 澳洲幸运5官方开奖结果体彩网:25% levy on imported vehicles, although they got some relief Tuesday when the Trump administration softened some of the auto tariffs, sayin🧸g that while the duty remains, foreign vehicles won't face other levies such as a 25% tax on steel and aluminum imports.  

Stellantis said it is working with governments on the tariff policies while acting "to reduce impacts." The company said it is also "taking action to adjust production plans, and identifying opportunities for improved sourcing."

Stellantis said its first-quarter revenue fell 14% year–over-year to 35.8 billion euros ($40.7 billion) on "lower shipment volumes, as well as unfavorable mix and pricing.” As predicted in preliminary Q1 estimates earlier this month, shipments fell 9% to 1.22 million units because of decreased North American production due to "extended holiday downtime in January."

UPDATE—April 30, 2025: This article has been updated to include refreshed share prices.