2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
Published On Mar 3, 2025, 5:03 AM
The article discusses the potential impact of a proposed 25% tariff on automobiles imported from Canada and Mexico, which would significantly raise consumer prices and disrupt supply chains. Major automakers, including Nissan and Stellantis, are already facing financial difficulties, with Nissan reporting a drastic profit drop and ongoing job cuts. Automakers that rely heavily on manufacturing in Mexico are particularly vulnerable to these tariffs, which could exacerbate existing struggles in the automotive industry.
Stock Forecasts
STLA
Negative
Stellantis is also likely to feel the impact of the tariffs, which would add further strain on its efforts to reorganize after a significant drop in profits. As it attempts to navigate through this financial turmoil, the potential for higher costs from tariffs could lead to negative sentiment among investors, suggesting a downturn in its stock performance as well.
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