Several global automakers, including Stellantis, Mercedes-Benz, and Volkswagen, have suspended their annual financial guidance reports for investors, following similar actions from GM and Volvo. This move reflects growing uncertainties regarding tariff policies, despite efforts from the US government to alleviate potential impacts. Stellantis specifically cited challenges in predicting market conditions and the competitive landscape, revealing a significant drop in sales. As the industry grapples with these issues, leaders like John Elkann call for collaboration with the US administration to foster a vibrant and competitive auto sector.
Stellantis is suspending its 2025 financial guidance due to evolving tariff policies, alongside GM and Volvo's similar actions amid increasing uncertainty in the automotive industry.
John Elkann, Stellantis board chairman, emphasized collaboration with the US administration to strengthen the competitive American auto industry amidst tariff-induced uncertainties.
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