Stellantis Trading Volume Surges 79% to $334 Million, Ranks 426th Despite 9.41% Stock Price Drop

On April 3, 2025, Stellantis (STLA) saw a significant increase in trading volume, with a turnover of $334 million, marking a 79.03% rise from the previous day. This surge placed Stellantis at the 426th position in the day's stock market rankings. However, despite the high trading volume, the stock price of Stellantis fell by 9.41%.

Stellantis, the parent company of Jeep, has temporarily halted production at its auto assembly factories in Mexico and Canada. This decision comes in response to the new tariffs imposed by the Trump administration, which have significantly impacted the company's operations. The production halt affects key plants, leading to job losses and potential delays in the company's electric vehicle (EV) ambitions.

The company has announced that it will suspend operations at its Windsor Assembly Plant in Ontario, Canada, for two weeks. This pause will result in the temporary layoff of approximately 900 U.S.-based employees. The production halt in Canada and Mexico is a direct response to the U.S. auto tariffs, which have forced the automaker to adjust its production strategies.

Stellantis has also idled its minivan plant in Windsor, Canada, for two weeks and shut down its Jeep facility in Toluca, Mexico. These measures are part of the company's efforts to mitigate the impact of the tariffs and protect its workforce from further disruptions. The temporary layoffs and production halts highlight the challenges faced by the automotive industry in the wake of trade policies.