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Al Jazeera
Al Jazeera
Business

Automakers suspend financial guidance amid tariff uncertainty

Carmakers suspend financial guidance for investors as Trump administration tariffs weigh on the industry [Seth Wenig/AP]

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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