0949 GMT - Stellantis reintroduced vague guidance for an improvement in the second half, which may disappoint, Jefferies analysts write. The automaker has guided for a low-single-digit margin and improving free cash flow, but without much detail. "We expect the latter to be the focus on the call later today," they say. Full-year tariff impact guidance is for 1.5 billion euros. That compares to the 300 million euros disclosed for the second quarter, which benefited from lower cross-border shipments, mainly due to tariffs on Mexico still sitting at 27.5%, Jefferies adds. Shares fall 2.3%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
July 29, 2025 05:49 ET (09:49 GMT)
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