Stellantis idles plants in Mexico and Canada due to tariffs
Publishing timestamp: 2025-04-03 13:49:28
Summary
Stellantis pauses production at two assembly plants in Canada and Mexico due to President Trump's new 25% automotive tariffs, leading to temporary layoffs. Ford and GM respond to tariffs differently. Auto sales are on a roller coaster ride as tariffs are expected to increase prices.
Sentiment: NEGATIVE
Keywords: donald trump, business news, personnel, politics, breaking news: politics, trade, general motors co, automobile manufacturing, donald j. trump, layoffs, mexico, autos, tariff, global trade, canada, business, breaking news: business, environment, transportation, ford motor co, united states, stellantis nv,
Source: https://www.cnbc.com/2025/04/03/stellantis-idles-plants-in-mexico-and-canada-due-to-tariffs.html