There are major financial setbacks and enormous financial setbacks. The Volkswagen Group reports one in the latter category. The company is losing over a billion euros...
German Chancellor Olaf Scholz hopes that negotiations with Beijing can prevent the European Commission’s threatened punitive tariffs on Chinese electric cars. Scholz has been assured that...
Volkswagen expects that a higher import tax from the European Union for electric cars produced in China can only help temporarily. According to financial CEO Arno...
In the US, import duties on Chinese cars are rising enormously, and trade tariffs are also under scrutiny in the EU. BMW CEO Oliver Zipse warns...
German car manufacturers are opposing possible European import duties on electric cars from China. The European Commission announced last year that it would launch an investigation...
Amid low tariffs on foreign automobiles, Osinbajo assures Nigeria Automotive Manufacturers Association (NAMA) of FG’s protection. Vice President, Prof. Yemi Osinbajo has assured the Nigeria Automotive...