European auto stocks jump on Trump tariff pause as Stellantis pledges 'more American cars'
European automakers' shares jumped on Thursday after U.S. President Donald Trump gave carmakers a one-month reprieve from his punishing 25% tariffs on Canada and Mexico, with Chrysler-to-Fiat maker Stellantis pledging more American-made cars.
Auto makers have been warning that Trump’s tariffs would increase the cost of manufacturing, auto parts, and car prices.
Stellantis has told its U.S. dealers the 25% tariffs on products from Mexico and Canada will put the carmaker at a ...
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and ...
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay ...
Stellantis may shift production plans for the next-gen Jeep Compass, prioritizing a gasoline-powered variant instead of the ...
Autoworkers in Windsor, Ont. describe a tense and emotional workplace atmosphere in the lead up to Tuesday — which could see ...
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