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Stock impact report

Stellantis joins Ford in offering employee discounts to public [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
The move follows in the steps of Ford Motor Company, which announced a similar bargain earlier this week. Auto tariffs went into effect on April 3, the day after Trump announced sprawling taxes on almost all U.S. trading partners. A Stellantis spokesperson told The Hill that the new program, called “America's Freedom of Choice,” offers customers a chance to buy vehicles at “employee price or current cash incentives.” “We will direct customers to see their local dealer to determine the best offer that works for them,” the person added. The program will remain in effect until April 30. Stellantis' new measure comes after they chose to pause production at plants in Canada and Mexico following Trump's new levies on foreign vehicle and auto part imports last month. Antonio Filosa, chief operating officer for the Americas, said the pause would “impact some employees” at several of their U.S. powertrain and stamping facilities. The company has already opened the year at a deficit Show less Read more
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