Big German carmakers try to shield themselves against Trump tariffs
Volkswagen's Audi will expand output in North America and Mercedes will boost its U.S. production as Europe's carmakers try to protect themselves against U.S. President Donald Trump's tariff threats.
It’s a make-or-break moment for Germany’s economy. Trump’s tariffs won’t help
When German voters go to the polls Sunday, the country’s moribund economy — and promises to fix it — will be front of mind. But Donald Trump’s looming import tariffs will make that daunting task even harder for the new government.
Trump tariff threats freeze U.S. automakers at critical moment
President Trump hasn't implemented most of the tariffs he's announced, but the uncertainty over when — or even if — he'll do so is already hurting the auto industry. Why it matters: It's a tumultuous time for automakers,
Trump says he will announce a range of tariffs over 'next month or sooner'
U.S. President Donald Trump said on Wednesday he will announce tariffs related to lumber, cars, semiconductors and pharmaceuticals "over the next month or sooner." "I'm going to be announcing tariffs on cars and semiconductors and chips and pharmaceuticals,
Stock markets pressured by Trump auto tariff threat
Global stocks were under pressure Wednesday after US President Donald Trump broadened his tariff threats, leaving European bourses lower even as the S&P 500 notched a fresh record.
Trump plans to impose 25% tariffs on autos, chips and pharmaceuticals
President Donald Trump on Wednesday warned Ukrainian President Volodymyr Zelenskyy that he “better move fast” to negotiate an end to Russia's invasion of Ukraine or risk not h
EU faces legal action from Tesla, BMW over tariffs on Chinese-made EVs
Tesla, owned by Elon Musk, is taking the European Union (EU) to court over its tariffs on electric vehicles imported from ...
EU Unilateral Auto Tariff Offer To U.S. Might Shelter Its Car Makers
The EU is ready to slash tariffs on U.S. auto imports. A former U.S. envoy expects the U.S. to seek big overall changes to tariffs, and unfair non-tariff barriers.
Porsche, BMW Need Germany to Pivot for Way Out of Crisis
Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz ...
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European carmakers in crossfire of US-EU trade war
VW subsidiary Porsche exports all of its models from the EU to the U.S., where it sold a record 76,000 cars last year, making ...
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BMW reveals electric drive concept with 800V technology for the Neue Klasse
The BMW Group revealed its next leap forward in the field of electric drive technology – and in the process ushering in a new era of all-electric driving.