Markets· August 16, 2026 at 08:08 p.m.
Stellantis' North American Profit Boost Threatened by Potential Plant Sale Amidst Tariff Disputes
Key takeaways
- Stellantis reported a Q2 net profit of 293 million euros
- Ram notched its fourth straight quarter of year-over-year sales growth
- Stellantis is considering selling its Brampton plant due to US tariffs
On August 14, Stellantis (NYSE:STLA) reported a Q2 net profit of 293 million euros, marking a significant turnaround from a loss of 1.87 billion euros a year earlier. The automaker's North American region saw market share climb to 7.4%, with Ram notching its fourth straight quarter of year-over-year sales growth. However, the company is considering selling its Brampton plant in Ontario due to US tariffs on Canadian goods, potentially disrupting this progress. Stellantis has already idled and paused production at Brampton, and the plant's future is uncertain as Unifor enters new contract talks covering the facility.
