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The Trump administration is considering canceling about $12 billion in energy projects, including funding for hydrogen ventures backed by U.S. oil majors, according to a list seen by Bloomberg.

Stellantis is focused on reclaiming the success of the Jeep brand and considering fresh investment into Dodge, which could result in a new Dodge V8 muscle car, and possibly the Chrysler brand.

GM and Ford argue that shielding Stellantis from the tariffs would hand the company a cost advantage over U.S.-assembled trucks that contain imported parts already subject to tariffs.

CEO Anthony Filosa is under pressure to steady the carmaker that has suffered market share losses in the U.S. and Europe.

Stellantis NV will temporarily halt production at some of its plants in Europe amid lagging demand for models including the Alfa Romeo Tonale sport utility vehicle.

Stellantis NV, which owns the Jeep and Ram brands, has canceled plans to bring its all-electric pickup truck to market, its latest product shake-up.

European car executives walked a fine line at the recent Munich auto show by touting how swell their new EVs are while warning Brussels that they can’t possibly sell only EVs by 2035.

Stellantis has forecast that U.S. tariffs would cost it $1.7 billion this year, as higher duties hit the Jeep maker’s already struggling North American business.

Stellantis on July 21 announced a surprise $2.7 billion first-half net loss, while analysts had expected a small profit. The maker of Jeeps is tallying the costs of trade wars.

Stellantis will withdraw its support for the Symbio joint hydrogen-vehicle venture with Michelin and Forvia, putting the project’s future at risk.