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German automaker Volkswagen's premium brand Audi lowered its full-year financial guidance on Monday, citing the impact of ...
Now, the company expects full-year revenue between 65 billion euros and 70 billion euros ($76 billion and $82 billion) with ...
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 ...
Benz Group AG and other European automakers are getting a €4 billion ($4.7 billion) earnings lift from the trade deal the ...
Sigrid de Vries, director general of the European Automobile Manufacturers’ Association, said on Monday the EU agreement ...
U.S. President Donald Trump hailed the framework trade agreement with the European Union as one that promises to be “great ...
The euro’s fall accelerated on Monday as investors bet that the EU-US trade deal would hurt the European economy’s already lacklustre growth. The single currency was down 0.7 per cent against the ...
Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
European leaders struck a trade deal with President Donald Trump which will see the European Union accept a 15% tariff on ...
The struggling sector remains concerned over long-term impact as 15% tariff far exceeds previous baseline rate of 2.5%.