Shares of some of the world's biggest automakers appeared surprisingly resilient on Thursday, even after U.S. President Donald Trump's 25% tariffs on foreign auto imports came into effect. Analysts and economists said the relatively muted response from autos stocks could be partly attributed to an exemption for Canada and Mexico from Trump's highly anticipated "reciprocal" tariffs announcement.
U.S. President Donald Trump's 25% autos tariffs will cover nearly $600 billion worth of vehicles and auto parts and extend to all computer imports into the U.S., including laptops, according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.
Carmaker Stellantis has signed a deal with trade unions for 350 voluntary exits from its Pomigliano and Pratola Serra plants in southern Italy, the Fiom union said on Wednesday.
AUBURN HILLS, Mich., April 1, 2025 /PRNewswire/ -- First-quarter 2025 total U.S. sales decreased 12% year over year First-quarter 2025 retail sales remained level year over year Chrysler brand total U.S. sales increased 1% year over year FIAT brand total U.S. sales increased 239%, driven by the all-electric 500e Ram brand U.S. retail sales increased 16% year over year; posts consecutive year-ov...
Ten car manufacturers, including BMW and Ford , and two trade bodies have reached a settlement with the UK's competition regulator to pay 77.7 million pounds ($100.43 million) in a fine after admitting to breaking competition law in relation to vehicle recycling, Competition and Markets Authority said on Tuesday.
Stellantis Annual General Meeting Live Webcast Available AMSTERDAM, April 1, 2025 – Stellantis N.V. announced today that a link for the live webcast of its Annual General Meeting for the approval of Stellantis N.V.
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