Tariff Snags Add To Europe’s Weak Sales, China Woes. “A tough quarter but it might not be the watershed we hoped for,” Europe’s carmakers, facing weaker sales and increased Chinese competition, will now have an added burden from U.S. tariff challenges. Sales of sedans and SUVs in Western Europe will likely slip about 2% in […]
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U.S. Auto Tariff Pact Could Still Leave Big Challenges
U.S. Auto Tariff Pact Could Still Leave Big Challenges. “The “the “the unknown unknowns still stop us from being more bullish” Even if the European Union’s tariff tiff with the U.S. is settled with smiles on both sides, the outlook for Europe’s automakers is challenging, as China’s import thrust gathers pace and consumer demand remains […]
European Auto Stocks Turbulent Ahead Of U.S. Tariff Deadline
European Auto Stocks Turbulent Ahead Of U.S. Tariff Deadline. “If we sell you a vegetable or a car or a product if it’s safe to use in the U.S. it should deemed to be safe to use in the EU” Auto investments have been volatile this week as a European tariff deal with the […]
U.S./EU Tariff Deal Gets Mixed Reception
U.S./EU Tariff Deal Gets Mixed Reception. “EU’s lopsided Trump trade deal will be short-lived” The German auto industry association said agreement between the U.S. and the European Union on a new tariff regime avoided a trade war but will be a financial burden on its carmakers. The German Association of the Automotive Industry (VDA) […]
U.S. Tariffs Won’t Bother Ferrari Much, Unlike Aston Martin
U.S. Tariffs Won’t Bother Ferrari Much, Unlike Aston Martin. “modest price increases broadly cover the margin hit” Italian luxury sports car maker Ferrari’s U.S. sales and profits won’t be hurt very much by whatever new tariff regime President Donald Trump finally introduces, according to analysts. Britain’s financially troubled Aston Martin, which generates one-third of its […]
U.S. Tariffs Might Slash Europe’s Auto Sales By 20% – Report
U.S. Tariffs Might Slash Europe’s Auto Sales By 20% – Report. “leading exporting automakers are the Germans, with 26% from Volkswagen, 24% from Mercedes and 10% from BMW” Europe’s auto exports to the U.S. could fall by just over 20% or 200,000 vehicles in 2025 if the new 25% tariff lasted for the whole year, […]
Trump’s Trade Aim May Delay U.S./European Auto Tariff Pact
Trump’s Trade Aim May Delay U.S./European Auto Tariff Pact. “Trump asked Europe to spend more on defense so it’s not coherent to impose tariffs on us” European governments and industry leaders reacted with varying degrees of horror to President Trump’s threat to erect 25% auto tariff barriers. But it’s not just tariffs which Trump wants […]
No Quick Fix Likely For EU Automakers In U.S. Tariff Dispute
No Quick Fix Likely For EU Automakers In U.S. Tariff Dispute. “This is a major reason why the U.S. auto industry has been getting hammered and haemorrhaging jobs for so long, it is massively unfair treatment” President Donald Trump’s ambition to finally solve the huge trade imbalance with Europe will condemn its automakers to an […]
EU Ready To Slash Tariffs To U.S. Level
EU Ready To Slash Tariffs To U.S. Level. “If we sell you a vegetable or a car or a product if it’s safe to use in the U.S. it should deemed to be safe to use in the EU,” The European Union is reportedly ready to slash tariffs on U.S. auto imports to the same […]
EU Auto Tariff Offer To U.S. Might Shelter Its Car Makers
EU Auto Tariff Offer To U.S. Might Shelter Its Car Makers. “When EU citizens come to the U.S. on vacation or to live here temporarily, they don’t bring their own cars or their own food. They are perfectly safe eating our food and driving our cars and it’s high time the EU treated our products […]