Stellantis NV and Volkswagen AG are highly exposed to US President Donald Trump’s new tariffs on vehicles imported from Mexico and Canada, with Bloomberg Intelligence estimating the levies could wipe out €5.
Both automakers have recalibrated product plans after ousting CEOs who bet aggressively on EVs that consumers weren't ready to buy.
VW’s 1st Rivian-powered EV is coming in 2027.
Car executives who’ve walked back their electric vehicle ambitions are breathing sighs of relief after the European Commission proposed easing emissions rules that were supposed to get stricter this year.
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Stocktwits on MSNFord, GM, Stellantis Jump After-Hours As Trump Rekindles Tax Deduction Plan For US-Made Cars Amid Rising Retail ConfidenceShares of Ford Motor Co., General Motors Co., and Stellantis NV climbed in after-hours trading on Tuesday following remarks from President Donald Trump, who reiterated his plan to make interest payments on car loans tax deductible — but only for American-made vehicles.
As Stellantis chairman John Elkann leads the search for a new CEO, one of the biggest challenges in deciding the fate of its brand portfolio
Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% took effect on imports from Canada as well as Mexico, a major automotive supply and manufacturing hub for global firms.
A 25% import tariff on goods from Mexico and Canada is now in effect, including autos and auto parts, with UBS telling investors in a research
Stellantis gave a cautious outlook for 2025 on Wednesday as the automaker scrambles to recover from a slump in its U.S. business last year that led to the ousting of CEO Carlos Tavares. The Franco-Italian-U.
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.
The next-generation Jeep Compass for the European market will be built in Melfi, Italy, but will Stellantis export it to the US?
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