Stellantis NV Faces Production Disruptions and Sales Decline

Stellantis NV, a multinational automobile manufacturer, has announced production disruptions at its Windsor plant in Canada. The plant will be closed for two weeks due to the implementation of Trump tariffs.

Production Impact

• The production closure is expected to impact the company’s manufacturing operations.
• The exact details of the production schedule and any potential delays have not been disclosed.

Micro-Mobility Expansion

Stellantis is exploring opportunities in the micro-mobility segment. The company is considering partnerships with Indian manufacturers for electric vehicles.

Voluntary Job Cuts in Italy

In Italy, Stellantis has signed a deal with unions for 350 voluntary job cuts. The job reductions primarily affect employees close to retirement age.

First Quarter Sales Performance

Stellantis’ sales have shown no signs of improvement in the first quarter. The company’s sales performance indicates a slump in its overall performance.