On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
Stellantis' chairman detailed several plans for U.S. investments when meeting with President Donald Trump before his Monday inauguration.
Europe-based auto giant Stellantis is expanding its American manufacturing, but social media claims that auto jobs would be moved from Canada to the United States after Donald Trump assumed the presidency are false.
Stellantis (NYSE: STLA), the parent company of Chrysler and Jeep, expressed optimism about adapting to U.S. policy changes announced by President Donald Trump. On Tuesday, Trump proposed a 25% tariff on imports from
The global car maker Stellantis has announced that it would be heavily focusing on investing in its US operations in the coming future, in order to increase its sales volume and market share.
President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his second presidential term signals his intent to undo much of his predecessor's legacy when it comes to electric vehicle promotion.
Shawn Fain admits that the UAW does not agree with Trump on much of his domestic agenda but the union can find common ground with the new President
Progressive Conservative Leader Doug Ford said Thursday he will honour Ontario's commitment to the burgeoning electric vehicle sector if re-elected, while his main political rivals were less definitive.
According to an email, Stellantis Chair John Elkann met with President Donald Trump and discussed the company's plan to reopen the Belvidere plant.
Progressive Conservative Leader Doug Ford says if re-elected, he will honour the province's commitment to the electric vehicle sector should U.S. President Donald Trump end a subsidy program.
Donald Trump has said the U.S. doesn’t want or need Canadian cars despite signing a free-trade deal with Canada and Mexico in his first term
The region, heartland for automotive manufacturing and agriculture and food, would bear the brunt of the loss of 500,000 jobs forecast as a result of 25 per cent tariffs threatened by U.S. President Donald Trump on Canadian-made goods sold into the U.S.