Global automakers cut forecasts as Trump tariffs and EV costs squeeze margins

Global automakers are dialling back profit forecasts and suspending guidance as tariff tensions, weakening margins from electric vehicles, and mounting global competition cast a shadow over the industry’s near-term prospects. From Volkswagen and Mercedes-Benz to Stellantis and Aston Martin, companies are warning that US trade policy under President Donald Trump, combined with rising production costs […]