News

German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...
The US and European Union have agreed to a framework for a trade deal. It could have big implications for European automakers ...
The impact of tariffs is changing the automotive landscape. Here's how import and auto part tariffs are affecting new car ...
German automaker Volkswagen's premium brand Audi lowered its full-year financial guidance on Monday, citing the impact of ...
The recent trade deal between Japan and the United States is projected to reduce the tariff impact on Japanese automakers by ...
Japanese automakers express mixed feelings on the new Trump trade deal. While welcoming lower tariffs, concerns linger over ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors reported a more than $1 billion drop in its second quarter profits compared to a year ago. The company says ...
TOKYO -- The new Japan-U.S. trade deal reduces the tariff burden on Japan's seven big automakers by an estimated 1.6 trillion yen ($10.9 billion), but the 15% duties they now face -- while down from ...
The impact is particularly severe on vehicles with a high proportion of imported components, including those assembled in the ...
President Trump’s stiff tariffs on foreign auto imports will cost US carmakers nearly $108 billion — with Detroit’s Big Three getting slammed the hardest despite having plants in the states ...
Trump Administration To Soften Tariff Impact On Automakers . By George Barta. April 29, 2025 12:31 pm . ... This entire situation is making us a laughing stock of the world.