Stellantis May Step In To Help Suppliers Shoulder Tariff Costs

Stellantis May Step In To Help Suppliers Shoulder Tariff Costs​

Automaker Explores Program To Ease Trade War Burden​

Stellantis is reportedly working on a plan to help its suppliers deal with the steep costs tied to the latest round of tariffs under former President Donald Trump’s renewed trade war policies.

According to a Bloomberg report, the automaker has quietly laid out a program where eligible suppliers could apply for financial help to make monthly tariff payments directly to the U.S. government. The effort was outlined by Marlo Vitous, Stellantis’ North American Head of Purchasing, during a closed-door meeting with suppliers in Detroit last week, a person familiar with the matter told Bloomberg.

Stellantis May Step In To Help Suppliers Shoulder Tariff Costs

Stellantis May Step In To Help Suppliers Shoulder Tariff Costs by offering financial assistance for monthly payments.

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