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Porsche AG cut its outlook for the third time this year, with US President Donald Trump’s 15% tariffs on European autos piling further pressure on the maker of 911 sports cars.
SHENZHEN -- Earlier this month, BYD Shenzhen, the world's second-largest car carrier of its kind, set sail from China to ...
Premium German carmakers Mercedes-Benz and Porsche reported on Wednesday a steep decline in profits amid falling sales, ...
According to a new Nikkei report, Toyota is now planning to build EVs in Europe for the first time. Toyota will begin producing electric vehicles at its new “mega hub” in the Czech Republic. The news ...
Mercedes-Benz Group AG and Porsche AG scaled back their profit expectations for the year, underscoring the toll President ...
22hOpinion
Legit on MSNEU car industry sees relief - and pain - in US trade dealThe car industry in the EU viewed the trade deal struck with the United States as a de-escalation -- but one that still puts ...
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal ...
Analysts polled by FactSet expected profit to come in at 1.52 billion euros on revenue of 33.69 billion euros. It reported an ...
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists ...
Tariffs, including the 15% rate for most imports from the EU, would raise consumer prices by 1.8% in the short run, according to the Yale Budget Lab.
Automaker warns of massive hits to earnings from President Trump's tariffs, as it take steps to build more vehicles in U.S.
Car sales in the second half of the year will land at around the same level as in the first half, it said. Due to the expected drop in unit sales and weaker-than-expected pricing, as well as the ...
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