Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs

Contributing sentiments towards policy:

49% : "The current volatility with regard to tariff policies, mitigation measures and resulting potential direct and indirect effects in particular on customer behavior and demand is too high to reliably assess the business development for the remainder of the year," Mercedes-Benz said in a statement on Wednesday. Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs - The New York Times Stellantis cited "the evolution of customs tariffs, as well as the difficulty in predicting their potential impacts on the market and the competitive landscape" for its decision.
46% : German carmakers operating in the United States have been caught off guard by the imposition of import taxes on parts and vehicles coming in from Canada and Mexico, where many set up operations after Mr. Trump reworked the free-trade agreement with those countries during his first term in office.
22% : European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the impact and unable to plan for the future.

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