"European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, expressed their struggle to assess the impact of tariffs stemming from President Trump's policy changes."
"With heightened uncertainty around tariffs, Mercedes-Benz and Stellantis halted their financial forecasts for 2025, highlighting volatility in market predictions."
European car manufacturers, such as Mercedes-Benz, Stellantis, and Volkswagen, are grappling with the aftermath of tariffs introduced by President Trump, which complicate their ability to forecast and strategize for the future. Despite launching new battery-powered models with hopes of reviving sluggish demand, uncertainties surrounding supply chains and customer preferences intensified. On this account, both Mercedes-Benz and Stellantis have paused their financial outlook for 2025 due to the unpredictability of tariff policies and their subsequent effects on market behavior and competition.
Read at www.nytimes.com
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