Stellantis says it's aiming for more American manufacturing, thanks Trump for tariff exemption
Stellantis is thanking the Trump administration for giving it a one-month exemption from tariffs on Canada and Mexico, saying it aims to build more cars in the U.S.
European auto stocks jump on Trump tariff pause as Stellantis pledges 'more American cars'
European automakers' shares jumped on Thursday after U.S. President Donald Trump gave carmakers a one-month reprieve from his punishing 25% tariffs on Canada and Mexico, with Chrysler-to-Fiat maker Stellantis pledging more American-made cars.
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Stellantis commits to ramping up U.S. manufacturing after one-month tariff exemption
Stellantis thanks Trump for a one-month tariff exemption, gaining time to boost U.S. production amid declining sales and rising costs.
Trump Delays Canada, Mexico Tariffs on Autos. GM, Ford, and Stellantis Stocks Rise.
Auto makers have been warning that Trump’s tariffs would increase the cost of manufacturing, auto parts, and car prices.
Stellantis pledges more American cars, thanks Trump for one-month tariff exemption
MILAN (Reuters) -Automaker Stellantis said on Thursday it shared U.S. President Donald Trump's goal of building more cars in the United States, as it thanked him for granting a one-month exemption from tariffs on Canada and Mexico.
Trump gives automakers one-month tariff reprieve to move operations from Canada, Mexico to US
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three
S&P downgrades Stellantis rating, expects tariff headwinds
Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to "BBB" from "BBB+", citing weak margin prospects.
2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
Chairman of Automaker Stellantis Urges Trump to Keep Mexico, Canada 'Tariff-Free'
The Franco-Italian-U.S. group argued that Trump's administration should avoid implementing tariffs that would disproportionately hit automakers that build most of their vehicles in the U.S., including the 25% duties on Mexico and Canada that are poised to go into effect in early March.
Trump to delay Canada, Mexico auto tariffs for one month
President Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders.
Trump announces 1-month delay on Canada, Mexico tariffs for cars
President Trump on Wednesday announced a one-month exemption on tariffs against Canada and Mexico for cars following a meeting with the three major U.S. automakers. Trump spoke with the leaders of
Ford, GM and Stellantis “Face 60% Free Cash Flow Hit from Tariffs”
The Big Three automakers Ford (F), General Motors (GM) and Chrysler-owner Stellantis (STLA) face a huge reduction in profits from a prolonged tariff war, according to analysts at Bernstein, adding to growing fears that an escalating trade war between the U.S. and its nearest neighbours could effectively wipe out profits for the auto industry.