Following last week’s announcement of the temporary closure of a factory in Windsor, Canada, the Stellantis Group has announced that its Jeep factory in Toluca, southern Mexico, will be...
Porsche executives told analysts and investors that they had sent additional stock to the United States to beat tariffs and keep prices constant for orders placed...
Audi, the German car manufacturer, has suspended vehicle exports to the United States due to new tariffs imposed by President Donald Trump. An Audi spokeswoman confirmed...
Jaguar Land Rover will pause exports to the United States in April due to US President Donald Trump’s import duties on cars not built in the...
Japanese automaker Nissan has announced that it will no longer accept orders from the United States for two Infiniti SUV models (QX50 and QX55) produced in...
Hyundai CEO Jose Munoz has promised that the company “will not raise prices” and will instead “absorb” the new 25 percent US import tariffs that have...
Rimac Group, a Croatian sports car manufacturer, is interested in buying the stake held by Germany’s Porsche AG in their joint venture Bugatti Rimac, according to...
European carmakers are under pressure on the stock markets on Thursday as investors react to US President Donald Trump’s announcement to impose 25 percent import duties...
Ferrari said Thursday it would raise prices by 10% on certain models after April 1 in response to new U.S. tariffs, adding up to $50,000 to...
Major Japanese automakers are warning of potential production cuts if U.S. President Donald Trump implements his planned tariffs on auto imports. The auto industry is one...
Honda is opening a new chapter by sourcing batteries from Toyota’s new battery plant in the United States, to reduce tariff risks under the Trump administration,...
US President Donald Trump has said the United States will impose new import duties on foreign cars in early April. According to Trump, the tariffs should...
The tariffs threatened by the administration of US President Donald Trump are negatively affecting American companies. Ford is facing high costs and chaos as a result,...
Mercedes-Benz has sued the European Commission over tariffs on electric car imports from China, joining BMW, Tesla, and a group of Chinese companies. Mercedes-Benz has also...
Tesla, BMW, and Chinese companies SAIC, Geely, and BYD are contesting the EU’s extra customs duties on electric car imports from China by filing a lawsuit...
Volkswagen issued a strong warning on Tuesday regarding the serious economic consequences of tariffs proposed by US President Donald Trump on imports from Mexico. As a...
The CEO of Stellantis, Carlos Tavares, is convinced that if he wants to succeed, this group must adopt a new low-cost business approach to bridge trade...
The European Union plans to vote on Oct. 4 on whether to impose tariffs of as much as 45 percent on imported electric vehicles (EVs) made...
The European Union is set to slightly reduce its proposed increase in import duties on Chinese-made EVs from Tesla and other automakers. This is reported by Bloomberg...
Volkswagen is not happy about the higher import duties on Chinese electric cars that the European Union is introducing. The timing of the European Commission’s introduction...
After announcing the new tariffs on Chinese EV imports in early June, the EU revised the tariffs before making them enter provisional effect today. The tariffs now range from...
The European Union has made slight adjustments to its proposed tariffs on Chinese electric vehicles after receiving feedback from impacted companies, offering a minor concession in the ongoing...
Beijing and Brussels are set for high-stakes discussions over the European Union’s investigation into subsidies for Chinese electric vehicles. This comes after the EU announced preliminary tariffs on...
The European Union’s recent decision to impose tariffs as high as 38% on electric vehicles imported from China has sent ripples through the automotive industry, particularly among German...
New whispers of imminent tariffs targeting Chinese electric vehicles reverberate through the automotive industry. President Biden’s administration is seemingly prepared to impose new levies on China’s...