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Stellantis is pausing production in Mexico and Canada and laying off U.S. workers after Trump’s expanded tariffs hit the auto industry.
Automaker Stellantis says it is pausing production at one assembly plant each in Mexico and Canada, and temporarily laying off 900 workers at five U.S. facilities, following the announcement of tariffs by U.S. President Donald Trump.
This comes as Trump expanded tariffs to a 10% baseline on all imports. These levies follow the 25% duties on auto imports announced last week, which sent shockwaves through the global auto industry.
In a letter to employees, Antonio Filosa, Stellantis' chief operating officer for the Americas, said the company is "continuing to assess the medium- and long-term effects of these tariffs on our operations, but also have decided to take some immediate actions."
Stellantis said the Toluca Assembly plant in Mexico, where the Jeep Compass and Jeep Wagoneer S are produced, will shut down for the month of April. Workers at Toluca will continue to report to work and receive pay but will not produce vehicles.
Mexico’s President Claudia Sheinbaum said the production pause at the Stellantis plant in Mexico is temporary and that the company is not planning job cuts, following discussions with the firm through Economy Secretary Marcelo Ebrard.
While goods from Mexico and Canada that comply with the trade agreement between the three countries will largely remain exempt under Trump's order, auto exports, along with steel and aluminum, fall under separate tariff policies.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
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New Zealand Prime Minister Christopher Luxon said on Monday that his party will introduce a bill to ban children under 16 from using social media. The proposal would allow fines of up to 10 per cent of a platform’s global revenue for non-compliance.
Icelanders will vote on Saturday, 29 August, on whether to begin negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
At least 30 people have been killed after a massive landfill collapsed onto homes in Guinea's capital, Conakry, following heavy overnight rainfall that triggered a deadly landslide of waste in one of the city's densely populated districts.
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