Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs

Stellantis auto plant in Ontario set for another week-long shutdown

The Stellantis assembly plant in Windsor, Ont., will be closed for a week beginning May 5, a closure that comes on the heels of a two-week closure in April.

As earnings plunge amid trade war, Stellantis explores U.S. supply chain options

After reporting a 14-per-cent dip in first-quarter earnings, automaker Stellantis confirmed to analysts on Wednesday it was exploring production and supply chain movement to reduce tariff costs.

John Elkann's group, after a 2024 to forget, recorded a further negative quarter. Temporary stop to exports to the United States: the uncertainty linked to the war on tariffs is being felt. Tariffs are making the knots of the automotive sector come to a head, revealing structural weaknesses...

Stellantis declares the war open to China. It could sink all its claims into the electric car field in just 18 minutes. At the moment, electric vehicles coming from China are gaining a great popularity globally, even in the US market. The eastern country proposes the use of advanced technology at reasonable prices, so the competition with its opponents is fierce. Some of the best-known firms under this framework are BYD, Xpeng and Li Auto. These…

Mercedes, Volkswagen, Stellantis latest carmakers to scrap forecasts over Trump tariffs

Unable to predict the impact of President Trump's ever-changing trade war, Stellantis and Mercedes-Benz became the latest automakers on Wednesday to scrap their profit guidance citing market uncertainty wrought by tariffs.

Several major groups, including Frenchman Stellantis, announced this Wednesday, April 30th, to suspend their forecasts for this year due to the uncertainty created by the US President's trade policy.