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Stellantis' newly appointed CEO Antonio Filosa on Thursday picked Europe to kick off a tour of the automaker's production sites and offices before formally taking up his new job at the end of next month.
Stellantis suspended a contested plan to overhaul the legal structures of its dealership network in Europe, its chief for the region said on Tuesday, as the carmaker also prepares to update a plan to revive vehicle production in Italy.
Carmaker Stellantis has agreed with trade unions to implement up to 200 voluntary redundancies at its Termoli plant in central Italy, the company said on Thursday.
CNBC's Phil LeBeau talks impact of tariff policy on automakers.
Chrysler-parent Stellantis is extending its employee-discount program to the wider market on some new models, the company confirmed Friday.
Auto giants have responded to U.S. President Donald Trump's tariffs by announcing plans to raise prices, impose import fees, pause production and even layoff staff. As part of plans designed to shift production to U.S. factories and bolster American jobs, the Trump administration introduced 25% tariffs on foreign auto imports on Thursday.
Stellantis NV (NYSE:STLA, EPA:STLA) announced that it has temporarily suspended operations at its Windsor Assembly Plant in Ontario, Canada, for two weeks starting April 7 as a direct response to US president Donald Trump's newly imposed 25% tariffs on imported vehicles and auto parts. The automaker has also halted operations at its Toluca Assembly Plant in Mexico for the month of April, it was revealed on Thursday.
Carmaker Stellantis will close its assembly plant in Windsor, Ontario for two weeks, Canadian labour union Unifor said on Wednesday.
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.
Crude oil prices edge higher as U.S. auto tariffs and falling inventories tighten supply. Market eyes key resistance levels for WTI and Brent crude.