Auto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to uncertainties regarding the impact of U.S. President Donald Trump's back-and-forth trade policy.
Leapmotor has delivered 8,000 units of B10 SUVs within 13 days of launch, with more than half of the orders being the lidar version, Cao Li, the electric vehicle maker's vice president, said at the Shanghai auto show on Wednesday.
The latest trading day saw Stellantis (STLA) settling at $8.87, representing a -0.45% change from its previous close.
The auto giant, which houses brands including Jeep, Ram, Chrysler, Fiat and Peugeot, said vehicle shipments in North America fell 20%.
Stellantis is following Ford in offering an employee discount to the public this month as President Donald Trump's latest round of auto tariffs takes effect.
Some automakers impacted by President Trump's tariffs began issuing employee discounts to the general public to drive sales amid the uncertain economic environment.
Chrysler-parent Stellantis is extending its employee-discount program to the wider market on some new models, the company confirmed Friday.
Stellantis NV said on Thursday it was temporarily laying off 900 workers at five U.S. facilities and pausing production at one assembly plant each in Mexico and Canada, after U.S. President Donald Trump's tariffs were announced.
Mark Carney, a former central banker, also called on ‘like minded nations' to form a new trading order without the United States.
Stellantis NV (NYSE:STLA, EPA:STLA) announced that it has temporarily suspended operations at its Windsor Assembly Plant in Ontario, Canada, for two weeks starting April 7 as a direct response to US president Donald Trump's newly imposed 25% tariffs on imported vehicles and auto parts. The automaker has also halted operations at its Toluca Assembly Plant in Mexico for the month of April, it was revealed on Thursday.
Stellantis said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump's tariffs were announced, and temporarily pausing production at an assembly plant in Mexico and one in Canada.
Stellantis is temporarily laying off 900 workers and pausing production at some plants in Mexico and Canada as a result of President Donald Trump's latest auto tariffs.