Mercedes, Volkswagen, Stellantis latest carmakers to scrap forecasts over Trump tariffs
1. Automakers like Stellantis and Mercedes-Benz scrap profit guidance amid tariff uncertainties. 2. 25% tariffs expected to increase US car prices and reduce demand. 3. Investor reactions are muted as Trump offers some tariff relief. 4. Global automakers face ongoing tariff costs and production restructuring challenges. 5. Market clarity is crucial for investment decisions in the auto industry.