Osram’s Prospects Dim as Automotive Lighting Tariffs Guide the Way — Panjiva
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Osram’s Prospects Dim as Automotive Lighting Tariffs Guide the Way

China 2154 Cons. Discr. - Autos 779 European Union 506 Tariffs 1483 U.S. 3915

Automotive lighting manufacturing Osram has cut its EBITDA guidance by 11% citing “restrictions on trade”. As was the case with Daimler that’s just one of several reasons cited and comes after a 54% slide in its shares in the past year. The company faces two threats, the most immediate being America’s section 301 duties on Chinese exports including arc lights and LEDs. The latter accounted for 83% of its exports from China to the U.S. in the past year. The second is the broader U.S. section 232 review of the automotive industry. There’s already been a 47% decline in its U.S. seaborne imp...

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