New duties on advanced chips and European goods hit ADAS repairs and traditional parts sourcing simultaneously.

The United States has cut tariffs on European automobiles and auto parts to 15 percent from 27.5 percent, following similar reductions for Japan. Korean automakers, still facing a 25 percent levy, are ...

Europe’s automotive sector is under pressure, and we expect that to continue for the rest of the year. We could see a turning point in 2025, but the full picture isn’t yet clear. Lower rates and other ...