Independent thinking for complex markets and current events
Stellantis just confirmed what trade hawks have been waiting for. The company posted a €2.3 billion net loss for the first half of 2025. That’s $2.7 billion gone. The trigger wasn’t vague. It was tariffs. The United States Reciprocal Trade Act went live in April. It authorized 25% duties on imported vehicles not built inside …
The numbers came early. Stellantis dropped its unaudited first-half results on July 21. No waiting. No spin. The damage was too big to hold. Net loss landed at €2.3 billion. That’s $2.68 billion. Revenue fell to €74.3 billion. Last year’s first-half pulled €85 billion. That’s a €10.7 billion drop. The company suspended guidance in April. …
Cell phone tower shut down at elementary school after eight kids are diagnosed with cancer https://t.co/Y5cHATGbNk — Dr Dave Cartland BMedSc MBChB Ex-MRCGP (@CartlandDavid) April 2, 2025 The affected students at Weston Elementary School in Ripon are all under the age of 10 They each have different types of cancer: brain, kidney, liver and lymphoma …
via Yahoo: ““In light of this assessment, we will not be participating in the Big Game this year,” they added. The Jeep manufacturer is the second company to make this decision. General Motors (GM) said in November that it would nix advertising during the big game, according to Reuters. The outlet also reported that Stellantis …
via theblaze Stellantis, one of the Big Three automobile manufacturers, recently announced massive impending layoffs and pointed blame, in part, at California, Fox Business reported. The Jeep parent company stated that 2,455 employees who work at the Detroit Assembly Complex, where the Jeep Grand Cherokee is produced, may be impacted. Approximately 1,225 workers at its Toledo Assembly …