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Stellantis says well positioned to adapt to Trump's policy changes
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Stellantis says well positioned to adapt to Trump's policy changes
Jan 21, 2025 2:38 AM

MILAN, Jan 21 (Reuters) - Stellantis ( STLA ) is well

positioned to adapt to policy changes announced by Donald Trump,

the automaker said on Tuesday after the new U.S. president

threatened tariffs of 25% on imports from Mexico and Canada.

Chrysler and Jeep parent Stellantis ( STLA ), which manufactures some

cars for the U.S. market in Mexican and Canadian plants, sees

Trump's focus on policies aiming to support U.S. manufacturing

base as "hugely positive", it said.

In his inauguration speech on Monday, Trump also took aim at

electric vehicles, revoking a 2021 executive order signed by his

predecessor Joe Biden that sought to ensure half of all new

vehicles sold in the United States by 2030 were electric.

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