Tariffs and rollbacks reshape automaker profits outlook

Automakers are navigating steep tariffs and supply snags, yet quarterly results show surprising resilience. Moody’s pegs this year’s industry tariff tab at $30 billion, even as chip shortages and an aluminum plant fire strain Ford and Stellantis. GM earned $3.4 billion and Ford $2.6 billion, beating forecasts; Stellantis revenue rose 13%, while Hyundai’s profit fell 29% but targets stand. Volkswagen Group posted a billion-plus loss amid tariffs and Porsche’s shift back to gas. Tariff cuts, looser parts rules, firmer prices, and environmental rollbacks are reshaping strategies and slowing EV plans.