A lot of US autoworkers like the idea of auto tariffs. But some are being laid off as a result [CNN]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: CNN
CNN — But about 900 UAW members will start paying the price for those tariffs starting Monday. That's how many hourly workers at five US Stellantis plants will be laid off for two or three weeks because their jobs producing powertrains and stampings for plants in Canada and Mexico have been temporarily idled due to the tariffs. The layoffs could be a sign of things to come. Since the North American Free Trade Agreement (NAFTA) went into effect 31 years ago, the auto industry has operated as if the US borders with Canada and Mexico did not exist. Components moved freely and frequently between the three countries as they assembled cars, as automakers built millions of vehicles destined for US dealerships at Mexican and Canadian plants. But those assembly plants north and south of the border were often supplied by American factories. Shutting production at those plants will mean the plants that produce those parts are also at risk. Three of the Stellantis plants starting layof
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STLA
Sec Filings
- 12/1/25 - Form 6-K
- 10/30/25 - Form 6-K
- 10/15/25 - Form 6-K
- STLA's page on the SEC website