Stellantis Offers Employee Discounts to Counteract Tariffs like Ford

Stellantis Introduces Employee Discounts Amid Tariff Pressures

Stellantis is taking decisive action by offering employee discounts to the public, a move that echoes similar efforts by Ford Motor Company. This initiative is designed to alleviate the financial strain created by President Trump’s new tariffs that went into effect on April 3, affecting trade relations significantly.

Details of the Employee Discounts Program

• The new program, dubbed ‘America’s Freedom of Choice’, allows customers to purchase vehicles at employee prices or take advantage of current cash incentives.
• Customers are advised to consult their local dealers for the most suitable offers available to them.
• This promotion will be active until April 30.

Impact on Operations and Sales

Following additional tariffs enforced by the administration, Stellantis has paused production in its Canadian and Mexican plants. Antonio Filosa, COO for the Americas, indicated that this pause will affect some employees across U.S. facilities, highlighting ongoing issues stemming from tariffs and decreasing sales.

The company reported a concerning 12 percent decline in U.S. sales during the first quarter, prompting adjustments in strategy to respond to challenging market conditions and trade relations. Filosa shared that they are continuously evaluating the medium- and long-term effects of these tariffs on their operations.