Auto manufacturer Stellantis has temporarily laid off around 900 American workers and close to 4,500 Canadian employees in an effort to work around President Donald Trump's 25% automotive tariffs.
A Stellantis spokesperson told the publication that the layoffs would impact workers at five Midwest plants, specifically the stamping plants in Sterling Heights and Warren, Michigan, as well as three plants in Kokomo, Indiana, that make transmissions and metal castings.
Stellantis plants that make Jeep, Chrysler and Dodge vehicles will see production paused. U.S. workers whose plants support them will be affected.
A recent report from a notable investment bank says newly imposed 25% tariffs on imported vehicles and components could
The impact of President Trump's newly introduced tariffs is felt in Canada as Stellantis announces a two-week shutdown of its Windsor plant, citing significant issues with auto parts supply.
Stellantis said the tariffs imposed by Donald Trump are already having a negative impact on the entire automotive industry
Following the announcement on tariffs by President Trump, Milan-listed shares in Stellanits hit their lowest point since early 2021.
Stellantis, a multinational auto manufacturer, told employees Thursday it would temporarily pause production at assembly plants in Canada and Mexico amid the onset of President Trump’s tariffs,