The vehicle giant Stellantis with brands such as Peugeot, Jeep, and Fiat is now the next company to withdraw its financial guidance for the full year due to economic uncertainty linked to President Donald Trump's trade tariffs.
The company's revenues fell 14 percent during the first quarter, and above all, one sees a sharply weakened sales trend in North America. The company states that it has been forced to slow down production at certain plants and has also had to offer customers certain discounts to entice them to buy.
