Automakers Withdraw Financial Guidance Amid Tariff Uncertainty

Several major companies, particularly automakers like Mercedes-Benz, Stellantis, General Motors, and Volvo, have suspended or withdrawn their financial guidance due to uncertainty surrounding U.S. tariffs imposed by President Donald Trump. These tariffs have created volatility in market volumes and the competitive landscape, leading to notable drops in profits for firms like Mercedes and Stellantis. The uncertainty has also affected non-automotive sectors, with companies such as Carter’s and Sketchers withdrawing their financial outlooks for 2025, citing concerns over increased costs and macroeconomic instability. Company leaders across these industries have emphasized the challenge of predicting business performance under evolving trade policies and are reassessing capital spending and cost structures accordingly. Some, like Carter’s, have also undergone leadership changes as part of their strategy to navigate the uncertain economic environment. The widespread impact of the tariffs highlights the interconnectedness of global trade policy and corporate financial planning.