European Carmakers Scrap Guidance With Tariff Chaos Spreading

President Donald Trump’s tariffs prompted several of Europe’s largest automakers to scrap financial guidance, underlining the extent of the chaos unleashed by his fast-changing trade tactics.

Jeep owner Stellantis NV and Germany’s Mercedes-Benz Group AG on Wednesday withdrew their forecasts for this year citing the duties, which are upending supply chains and driving up the prices of cars around the world. Volkswagen AG left its outlook largely unchanged but warned it didn’t factor in the impact of the levies.

A Jeep Wrangler Sahara vehicle at a Stellantis NV dealership in Miami, Florida.

Photographer: Eva Marie Uzcategui/Bloomberg

The volatility sparked by the duties “is too high to reliably assess” business development this year, Mercedes said. The ...