The automotive industry's landscape is constantly evolving, especially in light of recent trade wars and economic sanctions. In response to these challenges, Stellantis NV, the owner of the popular Jeep brand, is taking proactive measures to support its suppliers who are facing financial difficulties.
Recent measures taken by the Trump administration regarding tariffs on automotive imports from Canada and Mexico have significantly affected the American automotive industry. In particular, Stellantis NV, known for its brands Jeep, Ram, Chrysler, and Dodge, has expressed concern over the new tariffs that put its products at a disadvantage compared to European and Asian competitors.
Stellantis $STLAM.MI is undergoing a significant transformation. Amid interviews for the CEO position, the Chairman of the Board, John Elkann, is focused on evaluating the future viability of the company’s 14 brands. The merger of Fiat-Chrysler and Peugeot PSA in 2021 created one of the most diverse brand portfolios in the automotive sector, offering both vast opportunities and complex challenges for this global automaker.