Stellantis and Mercedes-Benz Group's joint battery company has stopped construction on sites in Germany and Italy to review the business in light of slowing electric-vehicle sales and high costs.
Stellantis and Mercedes-Benz Group's joint battery company has stopped construction on sites in Germany and Italy to review the business in light of slowing electric-vehicle sales and high costs.
Auto parts became subject to a 25% tariff May 3. Automotive News breaks down how the new duty works.