Posts tagged Toluca
A lot of US autoworkers like the idea of auto tariffs. But some are being laid off as a result
April 8, 2025 // “It’s more of the same from Stellantis, unfortunately,” he told CNN Thursday, the day the layoffs were announced. “Stellantis, which has had several months to prepare, announces it will use employees as collateral damage.” But the options for Stellantis are not good ones. If it assumes the cost of the tariffs on cars assembled in Canada and Mexico, vehicle production will become unprofitable. If it charges customers the full cost of the tariffs, it will probably price them out of the market. Alternatively, automakers could simply decide to no longer build those models.