Stephen Wilmot

London

Editor and Columnist, Heard on the Street at The Wall Street Journal

The Wall Street Journal's European autos reporter. Alum of the WSJ Heard on the Street column.

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Articles

GM Expects Up to $5 Billion Tariff Hit

1 week ago | wsj.com | Stephen Wilmot

The Chevrolet Trax is General Motors' most affordable vehicle offered in the U.S. It is made in South Korea. (Christopher Otts)General Motors has delivered its first estimate of the impact of President Trump’s tariffs this year: $4 billion to $5 billion. The largest U.S. automaker imported more than one-third of the vehicles it sold in the country last year, mostly from Mexico, Canada and South Korea. Since early April, those imports have been subject to an additional auto tariff of 25%.
Guerre commerciale : les incertitudes obligent les entreprises à abandonner leurs prévisions

2 weeks ago | lopinion.fr | Chip Cutter |Bob Tita |Stephen Wilmot

The Wall Street Journal Selon un nouveau sondage, plus de 80 % des chefs d’entreprise se disent préoccupés par les droits de douane et les divers revirements politiques Publié le 30 avril 2025 à 15:33 Chip Cutter, Bob Tita et Stephen Wilmot Une nouvelle vague de grands groupes américains et européens, dont General Motors, Jet Blue, Snap et Volvo, avertissent que la tournure déroutante de la guerre commerciale et ses conséquences tout aussi incertaines rendent imprévisibles les résultats...
More Automakers Pull or Caveat Their Guidance on Tariff Uncertainty

2 weeks ago | wsj.com | Stephen Wilmot

A Mercedes-Benz GLC car. U.S. auto tariffs affect shipments of the popular SUV from Europe. (Qilai Shen/Bloomberg News)Another slew of automakers pulled or put a “before tariffs” stamp on their guidance, highlighting the challenge they face in managing their business through President Trump’s fast-changing trade policy. Stellantis suspended its targets for the year, while Volkswagen maintained its expectations with the caveat that they exclude the impact of new tariffs.
Some Companies Pull Forecasts Due to Trade War

2 weeks ago | wsj.com | Chip Cutter |Bob Tita |Stephen Wilmot

Some U.S. and European companies are warning that President Trump's trade war makes it impossible to forecast future performance. Some firms have shelved profit guidance for 2025 due to economic uncertainty.
Trade War Uncertainty Prompts New Wave of Companies to Yank Forecasts

2 weeks ago | wsj.com | Chip Cutter |Bob Tita |Stephen Wilmot

New poll shows more than 80% of senior executives are worried about tariffs and other policy shiftsA new wave of major U.S. and European companies, including General Motors, JetBlue, Snap and Volvo, are warning that the trade war’s unknowable course and consequences make it futile to forecast future performance. GM, JetBlue and Volvo all shelved earlier profit guidance for 2025 due to economic uncertainty.
GM Stock Falls After Carmaker Pulls Guidance

2 weeks ago | wsj.com | Stephen Wilmot

General Motors stock fell in premarket trading after the company withdrew its guidance for 2025 and postponed its analyst call—unusual moves that highlight the uncertainties automakers face due to President Trump's new tariffs. Investors this morning are caught between GM's message of caution and late Monday's news that the White House is poised to soften its stance on the auto industry.
Porsche and Volvo Cars Skid on Auto Tariffs

2 weeks ago | wsj.com | Stephen Wilmot

Porsche and Volvo Cars, two of the carmakers most exposed to President Trump’s auto tariffs, gave early accounts of their scrapes Tuesday. Porsche, which imports all the vehicles it sells in the U.S. from Europe, said the additional 25% levy will cost it in the low hundreds of millions of euros for April and May alone. It hasn’t raised its prices in the U.S. to recoup the losses. The German sportscar brand is holding out for a reversal in White House trade policy.
Porsche and Volvo Cars Skid on Auto Tariffs

2 weeks ago | finance.yahoo.com | Stephen Wilmot

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Stephen Wilmot Tue, Apr 29, 2025, 4:04 AM 2 min read In This Article: Porsche and Volvo Cars, two of the European carmakers most exposed to President Trump’s auto tariffs, gave early accounts of their scrapes Tuesday. Porsche, which imports all the vehicles it sells in the U.S. from Europe, said the additional 25% levy will cost it in the low hundreds of millions of euros for April and May alone.
ポルシェ会長が個人用トンネル計画、住民の怒り買う

3 weeks ago | jp.wsj.com | Stephen Wilmot

1920年代の文壇で活躍したオーストリアの作家シュテファン・ツヴァイクにとって、「ロマンチックで非現実的な」ザルツブルクの自宅の魅力の一つは、「車では行けない」アルプスの山麓の丘に立つことだった。　自動車業界の大物、ウォルフガング・ポルシェ氏（81）は2020年、17世紀に建てられたこの邸宅を約900万ドル（現在のレートで約12億8000万円）で購入した。同氏にとってそうした不便さは、多額の資金を払えば解決できる工学的問題に過ぎない。その解決策とは、丘を貫通する全長およそ1600フィート（約488メートル）の個人用トンネルを建設し、広大な地下ガレージにつなげることだ。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
L’héritier de la famille Porsche veut forer un tunnel privé, au grand dam du voisinage alpin

3 weeks ago | lopinion.fr | Stephen Wilmot

L'incertitude politique, conjuguée à la faiblesse du dollar canadien, incite les propriétaires à vendre les maisons qu'ils possédaient depuis des décennies Laissés-pour-compte Les députés ont voté la suppression d'une agence d'Etat intervenant dans le domaine de la construction Face à la hausse du nombre de communes sans assurance, le gouvernement avançait lundi une série de mesures Dans un post sur le réseau social X, une vidéo de l'ancien adjoint d'Anne Hidalgo à la maire de Paris fait le...