Latest Corporate News News
đź“…May 5, 2026 at 1:00 PM
German automakers hold forecasts amid Iran war and Trump tariffs; Stellantis profits on Jeep sales; Hyundai boosts US output; global economic forecasts adjust amid trade tensions.
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German Automakers Maintain Forecasts Despite Iran Conflict and Trump Tariffs
German carmakers like VW are sticking to growth outlooks despite €25-30 million monthly logistics costs from the Iran war and Trump's tariff threats. Orders remain strong, with VDA holding 2% registration forecast while ACEA and ZDK reassess risks.