Ford, Stellantis
Digest more
Top News
Impacts
USA TODAY |
The study found the Detroit Three could see tariffs of nearly $5,000 for the parts they import on average for each car produced in the U.S., and about $8,600 on average for each car they import.
Wall Street Journal |
European aerospace and defense stocks jump in early trading after U.S. President Trump announced a 90-day pause for so-called reciprocal tariffs.
Read more on News Digest
Stellantis NV said on Thursday it was temporarily laying off 900 workers at five U.S. facilities and pausing production at one assembly plant each in Mexico and Canada, after U.S. President Donald Trump's tariffs were announced.
The idled Toluca plant makes the Jeep Wagoneer S, and Mexico President Claudia Sheinbaum said the company is studying whether to keep making the EV.
Stellantis is following Ford in offering an employee discount to the public this month as President Donald Trump’s latest round of auto tariffs takes effect.
Jeep parent Stellantis is temporarily halting production at its auto assembly factories in Mexico and Canada, a day after the Trump administration’s new tariffs on vehicle imports went into effect. The European-based automaker,
4don MSN
The United Auto Workers union, and many of its members, have publicly agreed with President Donald Trump’s decision to slap 25% tariffs on all imported cars. But about 900 UAW members will start paying the price for those tariffs starting Monday.
8don MSN
Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.
Stellantis NV's Windsor Assembly Plant is expected to shut down for two weeks starting Monday in a move related to U.S. tariffs impacting the auto industry, the plant's union leader said. The factory builds the Chrysler Pacifica minivan and similar models for the U.S. and Canadian markets, as well as Dodge's new electric Charger Daytona muscle car.
Automakers have been hit by market chaos caused by President Donald Trump's tariffs, sending shares in Japanese and European carmakers tumbling.