Mercedes-Benz and Volkswagen face uncertainty with rates
The European car manufacturers, including Mercedes-Benz, Stellantis and Volkswagen, said on Wednesday that the chaos and further upheaval caused by the rates introduced by President Trump had left them fighting to evaluate the impact and unable to plan the future.After years of slow demand and high inflation, the European car manufacturers went in 2025 with a series of new battery models and large hopes that would have attracted customers.Instead, they face the global uncertainty that surrounds the supply chains and customers' demand, started by Mr. Trump to impose rates of 25 % on all cars, steel and aluminum that arrive in the United States.Wednesday, Mercedes-Benz suspended his financial forecasts for 2025, as well as Stellantide, which includes Fiat, Peugeot and Opel between its br...