The profit sharing was calculated based on Stellantis' 2023 labor agreement with the UAW. Union-represented employees get $900 per 1% of profit margin in North America, based on how how many hours an employee worked last year. That means the final amount may differ depending on employee.

Stellantis is thanking the Trump administration for giving it a one-month exemption from tariffs on Canada and Mexico, saying it aims to build more cars in the U.S.

Automaker Stellantis said on Thursday it shared U.S. President Donald Trump's goal of building more cars in the United States, as it thanked him for granting a one-month exemption from tariffs on Canada and Mexico.

Stellantis workers learned this week that their profit sharing checks for 2024, before taxes, will be $3,780 compared to $13,860 for the previous year.

A veteran production line worker told reporters, “I’m devastated about the closure. Luton is already deprived. My grandfather worked in this plant. It has a rich history of car and van building. I don’t know what I’m going to do to find work.

Autoworkers in Windsor, Ont. describe a tense and emotional workplace atmosphere in the lead up to Tuesday — which could see the United States slap Canada with 25 per cent tariffs on most imports after a 30-day pause.

As the automaker navigates this rough stretch without a CEO, Stellantis leaders are tempering expectations for a quick financial turnaround.

A trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price hikes.

Union leaders representing thousands of automotive workers in the Windsor-Essex region blasted U.S. President Donald Trump on Tuesday after he went through with sweeping tariffs that they say will wreak havoc on the local community – and beyond.

Ford, GM and Stellantis have been pressing Lutnick to exempt USMCA-compliant vehicles, while the United Auto Workers have pressed the administration to exempt key auto parts from tariffs that could slow auto production. The Detroit Three held a virtual meeting last week with Lutnick to make the case, two sources briefed on the meeting said.

A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.

assembly plant. Stellantis previously ended production at Belvidere for the Jeep Cherokee SUV, angering United Auto Workers (UAW) representatives and members. Now, Stellantis said it would return ...