Stellantis Reports Q1 Profit but Fails to Raise Full-Year Guidance, Leading to Stock Drop
Stellantis reported Q1 earnings that exceeded expectations but did not update its full-year guidance, leading to a stock drop of over 5%. Competitors Ford and GM raised their full-year projections following tariff relief. Stellantis confirmed its prior 2026 guidance and aims to return to positive cash flow by 2027.
Topics: Automotive Industry Earnings Guidance Stock Market Tariffs