Stellantis Stock News

Stellantis will buy credits from a "pool" led by Tesla also in 2025, to meet European Union's CO2 reduction requirements, despite Brussels giving carmakers three years to comply, the group's Europe head said on Saturday.

A group representing General Motors Toyota , Volkswagen and other major automakers warned new 25% tariffs President Donald Trump plans to impose next week on imported vehicles will hurt U.S. consumers.

Prices hikes and fewer model options might be coming should the 25% tariffs persist.

Shares in foreign and domestic car companies are down since yesterday's market close after President Donald Trump announced his latest round of tariffs on Wednesday. Those tariffs include a 25% levy on automobiles imported into the United States.

John Elkann, the chairman of Stellantis , voiced concerns on Thursday over the impact of 25% U.S. tariffs imposed on the carmaking sector on the cost of vehicles and demand.

The announcement of a 25% tariff on foreign-made automobiles by President Trump has sent ripples through the global automotive industry, sparking a range of reactions. The tariffs, aimed at reducing reliance on foreign car imports and bolstering domestic manufacturing, are expected to have significant implications for both US and European automakers.

The scale of the damage depends on the circumstances of each company's supply chain.

Trump's 25% auto tariff shook markets, hitting stocks and sparking fears of a global trade war. UAW backed the move, while Tesla and foreign automakers warned of higher costs and job risks.