Car companies like Ford and Dodge-owner Stellantis are responding to Trump's auto tariffs with discounts, fees, and production stoppages.
Auto manufacturer Stellantis has temporarily laid off around 900 American workers and close to 4,500 Canadian employees in an effort to work around President Donald Trump's 25% automotive tariffs.
Warren — Two major Stellantis NV parts plants in Metro Detroit were bracing Friday for a combined 330 temporary layoffs set to begin within days and last at least several weeks.
Stellantis is halting vehicle production at two assembly plants in direct response to President Trump’s newly enacted 25% auto tariffs.
Stellantis NV, the company that manufactures Ram trucks and Jeeps, is reportedly temporarily laying off 900 workers at five US facilities and pausing production in Canada and Mexico.
Fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners. Thursday was the worst day for U.S. stock markets since June 2020. China struck back on Friday, announcing a 34% tariff on American goods as other foreign leaders weigh their response.
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General Motors, Nissan to boost production at US plants due to Trump tariffsGM CEO Mary Barra hinted at this shift during an earnings call earlier this year, emphasizing the company’s capacity to adapt.
President Donald Trump’s 25 percent tariffs on all auto-related imports have been called “a debacle of epic proportions” and a sure-fire way to tank the auto market by crushing demand. Analysts have been predicting everything from $12,000 per vehicle price hikes to the possible “Cubanization” of the US car fleet.
The temporary layoff comes after Stellantis shut down production at plants in Canada and Mexico due to tariffs announced Wednesday by Trump.