Trump Delays Canada, Mexico Tariffs on Autos. GM, Ford, and Stellantis Stocks Rise.
Chairman of automaker Stellantis urges Trump to keep Mexico, Canada 'tariff-free'
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.
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.
Trump tariffs could ‘wipe out’ profits for GM, Stellantis, and Ford, says analyst—but Tesla might be safe
If left in place, such high import duties would make Detroit's North American-centric business structurally unprofitable, warns Barclays investment bank.
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.