AD #4032 - Tariffs Threaten UAW Profit Sharing Checks; Stellantis’ Q1 Shipments Slide 9%; EU and China In Talks to End EU Car Tariffs
About this episode
Tariffs imposed by the U.S. government are significantly impacting automakers like GM, Ford, and Stellantis, threatening union profit-sharing checks and bonuses due to rising costs and reduced earnings. Stellantis reported a 9% drop in Q1 shipments, with notable declines in North America and Europe, and is considering restructuring Maserati. Meanwhile, the EU and China are negotiating to replace EV tariffs with minimum pricing. Lucid Motors and Volkswagen's Skanya are acquiring assets from bankrupt startups Nikola and Northfolk. Stellantis is also enabling EV conversions for combustion vans in France, while Daimler Buses offers battery pack remanufacturing to extend electric bus life.
Jeep Gladiator
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Jeep Wrangler
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