More Automakers Pull or Caveat Their Guidance on Tariff Uncertainty
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Another slew of automakers pulled or put a “before tariffs” stamp on their guidance, highlighting the challenge they face in managing their business through President Trump’s fast-changing trade policy. Stellantis suspended its targets for the year, while Volkswagen maintained its expectations with the caveat that they exclude the impact of new tariffs. Mercedes-Benz also held its pre-tariff guidance, but said its results this year would be “lower than before” across the board if the current tariff regime remains in place.