Michael Tyndall's questions to Stellantis NV (STLA) leadership • Q2 2025
Question
Michael Tyndall of HSBC asked about the evolving tariff situation related to Mexico, inquiring about any progress on trade deals and the potential economic impact on the new Jeep Cherokee, which is slated for production in Mexico.
Answer
CEO Antonio Filosa stated that Stellantis is in constructive dialogue with U.S., Mexican, and Canadian policymakers, arguing that the high U.S. content in vehicles built in Mexico and Canada should be recognized in tariff structures. He confirmed the Cherokee will be built in Mexico and that the company is actively working on production and transformation cost reductions to enhance its profitability and offset any tariff effects.