Mercedes, Stellantis, Polestar scrap guidance as tariff chaos spreads

Mercedes vehicles at a dealership in Tucson, Arizona are pictured. — Mercedes vehicles at a dealership in Tucson, Arizona. (BLOOMBERG)

April 30, 2025 12:47 PM

President Donald Trump’s tariffs prompted several of Europe’s largest automakers to withdraw financial guidance, underlining the extent of the chaos unleashed by his fast-changing trade tactics.

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