The Latest Breaking News from Stellantis

It’s almost time for Jeep faithful to descend upon the rock canyons of Moab, Utah, for the annual Easter Jeep Safari (EJS) pilgrimage. Despite recent shakeups at parent company Stellantis, Jeep is still participating in the event with seven drivable concept cars. Interestingly, they’re all Wranglers and Gladiators, predominantly with…

The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games."

Stellantis is already wounded. The conglomerate watched as sales and revenue nosedived through 2024, eventually leading to the abrupt resignation of its former CEO, Carlos Tavares. This was supposed to be a year of rebuilding for the company, but with Trump's steep tariffs now in effect and no indication of…

President Trump urged Tesla CEO Elon Musk and his Department of Government Efficiency to use a “scalpel” and not a “hatchet” for agency cuts and firing thousands of American government workers. This approach seemingly does not apply to his tariff policies, which have smacked the auto industry like a hatchet.…

Once a little-known brand, Leapmotor is making serious inroads both inside and out of China. Last month, the brand sat at the top of the sales charts for Chinese EV startups, as the first models made their way to Europe, part of a tie-up with Stellantis. Still, Leapmotor’s efforts have been…

Kevin Hassett claims tariffs will not have a big effect on US consumers and there will be no ‘political coercion’ over interest rates

President Trump’s sweeping new tariffs on all imports have sent stock markets into a tailspin and sparked fears that cars across powertrain types could see steep price hikes. But not all automakers are slamming the panic button. On Friday, Toyota, Honda and Hyundai announced they’re holding steady on prices. At least…

Auto workers expressed uncertainty and hope outside a Stellantis assembly plant in central Mexico that is scheduled to begin a month-long pause in production

The Trump Administration recently announced a 10-percent baseline tariff on all goods imported into the United States, including vehicles. Some countries will face even higher costs, with goods from China subject to 34-percent tariffs, and goods from the European Union subject to 20-percent tariffs.

The major indexes suffered their worst weekly losses in years as the latest Trump tariffs were far higher than expected. Treasury yields and rude oil dived.

Automakers have already started to adapt to the 25-percent tariff imposed on car imports by US President Donald Trump, from pausing production to raising prices or halting certain models.