Stellantis, GM and Other Automakers Face Billions in Losses as Trade Pressure Mounts Due to Tariffs : Automotive Addicts
Automotive The global auto industry is taking a direct hit from new tariffs, and the financial fallout is now becoming painfully clear. Two of the industry’s biggest players, Stellantis and General Motors, have revealed substantial losses in recent weeks — with billions wiped off balance sheets due to shifting trade policies and supply…