German Carmakers Face Huge Profit Hit If 25% Tariff Imposed. “We estimate a total of about 650,000 of these sales would be lost, with the luxury segment losing 90% of imported sales. The German manufacturers would be the most disadvantaged” If President Trump imposes a 25% tariff on auto imports, European carmakers like BMW, Mercedes, […]
Auto Technology Revolution Looks Unstoppable, But Slow. “This highlights consumers’ hesitation to adopt electric vehicles as the cost comparison with traditional ICE vehicles does not favor them and consumers are not yet convinced about their utility” It’s not saying much to declare that Europe will see more electric cars launched this year than 2018, but […]
