Via Metal Miner The Automotive MMI Monthly Metals Index remained sideways, only moving down 2.58%. There are currently no significant factors within the US automotive market causing much movement in price action, and automotive sector as a whole remains slow. Despite this, concern about incoming tariffs from the new Trump administration remains palpable.
Impact on the U.S. Automotive Market As the parent company of Jeep, Ram and Chrysler, Stellantis holds a key position in the US automotive industry. Therefore, Tavares' resignation brings a wave of uncertainty that could impact market dynamics. His strict cost-cutting policies had created tension with U.S. dealers, causing dissatisfaction. However, his departure represents an opportunity to rebuild dealer relationships and adopt strategies that better align with their interests.