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Stellantis thanked Trump for tariff exemption, plans $5B investment in U.S. car production.
Stellantis, a major automaker, thanked President Trump for a one-month tariff exemption on cars imported from Canada and Mexico, aligning with his goal of boosting U.S. car production.
The company, which imports about 40% of its U.S. vehicles from those countries, plans to invest $5 billion in U.S. manufacturing, reopening plants and launching new models.
This move follows concerns over the impact of 25% tariffs on its operations, set to take effect on April 2.
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Stellantis agradeció a Trump por la exención arancelaria, planea inversión de $5B en la producción de automóviles en Estados Unidos.