Jeep owner Stellantis posts 2.3-bn-euro net loss in first half

Jeep owner Stellantis said Monday it suffered a 2.3-billion-euro ($2.7 billion) net loss in the first half of the year as sales in North America slumped.

Net revenues dropped 12.6 percent to 74.3 billion euros, according to the preliminary and unaudited results, which also showed a 300-million-euro impact from US tariffs.