Europe’s beleaguered automakers are also affected by high tariffs on imports from Mexico and Canada. Shares in Volkswagen, Mercedes-Benz and BMW all dropped early Tuesday, echoing the declines in U.S.
US tariffs on imported cars will create a major headache for European manufacturers such as Volvo, Volkswagen and Mercedes.
Stellantis NV and Volkswagen AG are highly exposed to US President Donald Trump’s new tariffs on vehicles imported from Mexico and Canada, with Bloomberg Intelligence estimating the levies could wipe out €5.
A 25% import tariff on goods from Mexico and Canada is now in effect, including autos and auto parts, with UBS telling investors in a research
"Volkswagen Group is the most exposed carmaker to the tariffs on Mexico," JATO Global Analyst Felipe Munoz told InsideEVs. That's a concern in and of itself. It will be incredibly
Volkswagen sells just two electric cars here in the United States. There's the ID 4 crossover that introduced our market to the brand's new lineup EVs, and the recently introduced retro-styled ID Buzz minivan.
German auto giant Volkswagen is reviewing adjustments to its North American business in the wake of new US tariffs imposed against Mexico. Volkswagen's US subsidiary announced the carmaker would be activating a "comprehensive contingency plan" to protect the company's businesses,
Volkswagen's factory in Puebla, Mexico, made nearly 350,000 cars in 2023, including the Jetta, Tiguan and Taos, all for export to the U.S. In Canada, Volkswagen is building a battery gigafactory in Ontario, with output to begin by 2027.
Volkswagen's factory in Puebla, Mexico, made nearly 350,000 cars in 2023, including the Jetta, Tiguan and Taos, all for export to the U.S. In Canada, Volkswagen is building a battery gigafactory in Ontario, with output to begin by 2027.
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Zacks.com on MSNHere's How Trump's Tariffs Will Disrupt the Auto IndustryTrump's 25% tariffs on Canada and Mexico threaten the auto industry with soaring costs, supply chain disruptions, job losses and higher car prices.
German carmaker Volkswagen is recalling more than 60,000 electric cars in the United States, affecting both Volkswagen and Audi models. The U.S. National Highway Traffic Safety Administration said ...
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