6 Articles
6 Articles
SiriusXM Downplays Tariff Pressures – “Big Picture, We Sleep Well At Night” Says CFO
As the earnings drumbeat continues, SiriusXM CFO Tom Barry said the company doesn’t expect “that tariff-related pressure on new car sales will have a material impact on our subscriber or financial performance this year,” but cautioned, “that said, like every business, we’ll continue to closely monitor ongoing developments and broader consumer health.” The satellite broadcaster is unique in its dependence on cars, where most people listen to th…
Mercedes, Volkswagen, Stellantis latest carmakers to scrap forecasts over Trump tariffs
Unable to predict the impact of President Trump's ever-changing trade war, Stellantis and Mercedes-Benz became the latest automakers on Wednesday to scrap their profit guidance citing market uncertainty wrought by tariffs.
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