The Latest Breaking News from Stellantis

After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.

President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week

There are two polite words to describe President Trump’s auto industry policies: uncertain and self-contradictory. He claims he wants to revitalize the car industry, which was already thriving under the previous administration. But the approach involves tariffs that could gut American manufacturing jobs.

Trump announced Tuesday he wants to make interest payments on car loans tax deductible if the vehicle is made in the U.S.

If left in place, such high import duties would make Detroit's North American-centric business structurally unprofitable, warns Barclays investment bank.

Update: President Trump has already issued an exemption for automakers on the 25-percent tariffs for Canada and Mexico. Speaking to the press on March 5, White House Press Secretary Karoline Leavitt confirmed Trump issued a month exemption for automakers, provided they comply with terms of the US- Mexico-Canada Agreement (USMCA)…

Carvana is getting into the new car business. The company has been selling used cars online since its inception in 2012, but it has just acquired its first new car dealership. The company bought a Stellantis retailer in Arizona where it’s based, expanding into a new segment after nearly going…

It's understandable why so many automakers have moved away from selling no-frills cars. Profit margins are smaller when you're not charging extra for features we take for granted in modern cars. Relevant examples include touchscreens, alloy wheels, and electric windows. But some mainstream brands have crunched the numbers and found…

President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry