This earnings season is revealing the real impact of President Trump’s steep tariffs on European automakers. CNBC’s Silvia Amaro takes a look under the hood.

Shares of French car maker Renault were plunging by the most since 2020 on Wednesday after it said profits and cash flow will be substantially lower than previously thought. But its automotive peers were relatively unaffected.

Find insight on GM, ARB Corp, Amotiv and more in the latest Market Talks covering the Auto and Transport sector.

Trading updates and corporate earnings from some of Europe’s auto giants show the extent to which Trump’s tariffs have started to take their toll.

Carmaker Stellantis plans to more than double production capacity at its plant in Kenitra, Morocco, in the coming months to 535,000 vehicles annually, its chief operating officer for the Middle East and Africa said on Wednesday.

PARIS/MILAN (Reuters) -Shares in Stellantis shot to record peaks and Renault hit seven-month highs on Thursday after the rival automakers pledged to reward investors with a big jump in annual ...

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