Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.

The announcements came even as US President Donald Trump moved Tuesday to soften the blow from the 25-percent tariffs that he imposed on car imports earlier this month.

"Stellantis appreciates the tariff relief measures decided by President Trump," its board chairman John Elkann said in a statement.

"While we further assess the impact of the tariff policies on our North American operations, we look forward to our continued collaboration with the US administration to strengthen a competitive American auto industry and stimulate exports," he added.

Stellantis, a 14-brand behemoth that includes Ram trucks, Dodge, Maserati and Opel, reported a 14-percent drop in its first-quarter sales to 35.8 billion euros ($40.7 billion).

Mercedes-Benz and........

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