In this paper, an analytical method is proposed for determining the stress distributions in steering knuckle/tapered stud assemblies. The method is based on solutions of the plane stress thick cylinder interference fit problem with modifications to account for the effects of stud taper and dissimilar component materials. The analytical solutions are applied to knuckle/tapered stud assemblies. The results from the analytical solutions are compared to those from a finite element analysis. It is shown that the analytical and FEA results are in good agreement for several load and frictional conditions, and the hoop and radial stress solutions presented in this paper are good engineering solutions to the knuckle/tapered stud problem where the draw distance is provided.