Stellantis CEO Carlos Tavares talks U.S. EV plant needs as Jeep-parent inaugurates new French battery site with Windsor plant fate still uncertain.

Jeep owner Stellantis said Tuesday that it sees sales revenue and profitability rebounding in the second half of the year despite taking a 1.5-billion-euro ($1.7-billion) hit from US tariffs.

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.