Transportation
Jeep Maker Stellantis Offers to Help Suppliers Pay Tariff Costs
The Stellantis Dundee Engine Complex in Dundee, Michigan.
Photographer: Bill Pugliano/Getty ImagesThis article is for subscribers only.
Jeep owner Stellantis NV is willing to help its suppliers pay tariff costs to withstand the initial shock of US President Donald Trump’s trade war.
The automaker has outlined a program in which suppliers would apply for help from the company to make monthly tariff payments to the US government, according to a person familiar with the matter. Marlo Vitous, Stellantis’ head of purchasing in North America, laid out the plan during a meeting with suppliers in Detroit last week, the person said.