Stellantis NV and Volkswagen AG are highly exposed to US President Donald Trump’s new tariffs on vehicles imported from Mexico and Canada, with Bloomberg Intelligence estimating the levies could wipe out €5.
Shares of Ford Motor Co., General Motors Co., and Stellantis NV climbed in after-hours trading on Tuesday following remarks from President Donald Trump, who reiterated his plan to make interest payments on car loans tax deductible — but only for American-made vehicles.
President Donald Trump is promising a manufacturing rebound as he threatens steep tariffs on foreign imports, but critics warn those policies could have the opposite effect.
The White House said Donald Trump spoke to Stellantis, Ford, and General Motors officials who asked for the tariffs exemption. A triangle pointing right. It indicates that this type of media can ...