All posts tagged "Stellantis"

After speaking by phone with the heads of GM, Ford, and Stellantis Wednesday, President Donald Trump decided to give automakers a 30-day reprieve from his imposed 25 percent blanket tariffs on Canada and Mexico.

White House press secretary Karoline Leavitt announced Wednesday, "We are going to give a one-month exemption on any autos coming through USMCA... so they are not at a disadvantage."

According to Reuters, "The move will benefit U.S. automakers and other foreign automakers that are in compliance."...

CHICAGO — President Joe Biden is scheduled to visit Belvidere in Northern Illinois on Thursday, celebrating the United Auto Workers’ contract agreement with Stellantis that includes the company’s vow to invest millions of dollars and reopen its manufacturing plant in the northern Illinois town for electric vehicles and creating an EV battery assembly. Underscoring the strike-ending UAW agreement, Biden’s visit is an effort to show his post-COVID economic strategy dubbed “Bidenomics” is working. The reelection-seeking president has said his plans to use the government to help fuel economic expa......