April 4 (Reuters) - Chrysler-parent Stellantis ( STLA )
is extending its employee-discount program to the
wider market on some new models, the company confirmed Friday.
The automaker is giving shoppers the option of taking the
employee incentive pricing, which slashes thousands of dollars
off the vehicle, or accept current retail incentives.
"This week we launched aggressive and consistent
incentive and marketing support for April, including an exciting
and competitive enhancement that will allow our customers
'America's Freedom of Choice' between employee price or current
cash incentives," a Stellantis ( STLA ) spokesperson said in a statement.
The campaign follows a similar move from Ford Motor ( F )
that Reuters
first reported
Wednesday.
U.S. President Donald Trump's 25% tariffs on automotive
imports, and a 10% baseline tariff on all imports, have sent car
companies scrambling.
This week, General Motors ( GM ) said it would
add production
jobs in the U.S., while Stellantis ( STLA ) on Thursday announced it
would temporarily
lay off 900 workers
at five U.S. facilities. The Jeep-maker is pausing
production at some Canadian and Mexican assembly plants, causing
the layoffs at U.S. plants that supply those other North
American facilities. Nissan Motor said
on Thursday
it will not take new orders from the U.S. for two
Mexican-built Infiniti SUVs.
The Stellantis ( STLA ) program covers 2024 model year vehicles
including popular Jeep, Ram and Dodge models, according to a
memo viewed by Reuters. The automaker said the program begins
Friday and runs through April 30.
The Wall Street Journal earlier reported news of the
program.