Explore how new tariffs sparked a significant decline in demand for parts from the UK, Germany, and more. AI-powered modding platform MOTORMIA has found that their U.S. users’ demand for European ...
BERLIN, July 3 (Reuters) - Weak European demand for auto parts will weigh on Continental's (CONG.DE), opens new tab second-quarter results, with strong demand growth in China and cost controls ...
The United States has cut tariffs on European automobiles and auto parts to 15 percent from 27.5 percent, following similar reductions for Japan. Korean automakers, still facing a 25 percent levy, are ...
Europe’s automakers expressed a mixed sense of relief and wariness the day after a trade agreement was reached between the United States and the European Union on Sunday. The companies welcomed a ...
Outlook for the European Aftermarket The European aftermarket is facing substantial change. Block Exemption and new rules governing competition will bring a major shake-up. The sector is also subject ...
Europe’s automotive sector is under pressure, and we expect that to continue for the rest of the year. We could see a turning point in 2025, but the full picture isn’t yet clear. Lower rates and other ...
BERLIN/FRANKFURT (Reuters) -Some European auto parts plants have suspended output and Mercedes-Benz is considering ways to protect against shortages of rare earths, as concerns about the damage from ...
President Trump escalated his trade war with partners when he announced this week he would impose a 25-percent tariff on foreign vehicles and automobile parts. The president argued that tariffs would ...
European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said, fearing any first-movers could risk a backlash ...
Trade groups representing the auto sector in the European Union and the U.K. Thursday called on leaders to find a resolution to the planned U.S. tariffs on auto imports. President Trump’s 25% tariffs ...
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and Washington would still hurt. By Melissa Eddy Europe’s automakers expressed a ...