Stellantis posts sales slump, suspends guidance on tariffs

Stellantis NV posted weaker sales on slumping demand in North America, while suspending its financial guidance for the year on uncertainty tied to U.S. President Donald Trump’s auto tariffs. Revenue fell 14 per cent to US$40.7 billion in the first quarter from a year earlier, the owner of Fiat, Peugeot and Chrysler said Wednesday.