Trade policies disrupt Stellantis’ North American operations
Stellantis is exposed to tariffs primarily because of its large footprint in Canada and Mexico, which represented a sizable percentage of the 1.2 million vehicles sold in the US last year. While exemptions partially apply for certain content produced in the US, final assembly will still be subject to significant tariffs. The tariff also applies to vehicle imports from Europe, which covers some premium brands by Stellantis, including Alfa Romeo, Maserati and Dodge.
The unexpected announcement of a 25 per cent tariff on assembled vehicles and parts that took effect on April 3, 2025, startled automakers around the world. According to US Census data, imports of automotive components alone were USD 138.5 billion in 2024 and were included in this tariff as well.
