Automakers suspend financial guidance amid tariff uncertainty

Several global automakers, including Mercedes-Benz and Stellantis, have joined Michigan-based General Motors and Volvo in suspending their respective annual financial guidance reports for investors amid growing tariff uncertainty.

The announcements on Wednesday came even as US President Donald Trump signed an executive order on Tuesday to soften the blow of the auto tariffs that he had imposed earlier this month.

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“While we further assess the impact of the tariff policies on our North American operations, we look forward to our continued collaboration with the US administration to strengthen a competitive American auto industry and stimulate exports,” Stellantis board chairman John Elkann said in a statement.

Stellantis said it was “suspending its 2025 financial guidance … due to evolving tariff policies, as well as the difficulty predicting possible impacts on market volumes and the competitive landscape.”

This comes amid layoffs at Stellantis, a carmaker that houses 14 brands including Jeep, RAM Trucks, Dodge, Fiat, and Maserati. In April, it temporarily laid off 900 workers for two weeks and said at the time it was because of uncertainty about how Trump-imposed tariffs would affect its business.

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