Stellantis Pauses Production Due to Automotive Tariffs

SOURCE www.nbcnews.com
Stellantis pauses production at assembly plants in Canada and Mexico due to new 25% automotive tariffs imposed by President Trump, impacting about 900 U.S. employees and 4,500 hourly workers in Canada. The company is reviewing its options and engaging with key stakeholders.

Key Points

  • Production pause at Windsor Assembly Plant in Ontario, Canada, and Toluca Assembly Plant in Mexico
  • Impacts Chrysler Pacifica, Dodge Charger Daytona EV, Jeep Compass, and Jeep Wagoneer S EV production
  • Company continues to search for new CEO

Pros

  • Assessment of medium- and long-term effects of tariffs on operations
  • Engagement with key stakeholders including government leaders, unions, suppliers, and dealers

Cons

  • Temporary layoffs for about 900 U.S. employees and 4,500 hourly workers in Canada
  • Uncertainty in the current environment due to tariffs