U.S. Tariff On Mexico Hits FCA, BMW And VW Stock Prices. “We see FCA, Renault-Nissan and VW as the most exposed manufacturers in Europe” European auto makers face mounting losses if the U.S. decision to raise tariffs on Mexican exports by 5% isn’t settled soon, and their stock prices took a beating Friday with the […]
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Tariff War Threat Recedes And European Auto Stocks Jump
Tariff War Threat Recedes And European Auto Stocks Jump. “We believe the key fact is no immediate E.U./U.S. tariffs are a good thing with the market pricing in 50-60% probability of trade-war in autos as of yesterday” Most European auto stocks staged a powerful rally, after news the U.S. and the E.U. stepped back from […]
VW, BMW Shares Fall After Trump Auto Tariff Threat
VW, BMW Shares Fall After Trump Auto Tariff Threat. But Experts Call It A Bluff. German auto stocks dived initially after news President Trump threatened to impose extras tariffs on European auto imports, but it was hard to find experts who took the claim seriously. It was viewed as the opening gambit in a move […]
Europe Says Trump Tariffs Would Hurt Both Sides
Europe Says Trump Tariffs Would Hurt Both Sides. “It is somewhat ironic that BMW looks poorly placed given it is a net exporter from the U.S” Europeans were circling the wagons for the automotive industry and free trade after news at the weekend that U.S. President Trump had threatened to raise tariffs on their cars […]