Paris, France -- Automakers have already started to adapt to the 25-percent tariff imposed on car imports by US President Donald Trump, from pausing production to raising prices or halting certain models. The additional levy came into effect on Thursday and applies to all cars that are not manufactured in...
Automakers lead market losses after Trump tariffs on imported vehicles
Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while Ford limited losses to under one percent. In Tokyo, Toyota -- the world's top-selling carmaker -- fell two percent, Honda shed 2.5 percent, Nissan was off 1.7 percent and Mazda...
SUV sales ‘offset’ carmakers’ electric gains: Greenpeace
The SUVs produced by Toyota, Volkswagen, and Hyundai-Kia have all posted sales increases of more than 150% over the past decade, meaning the companies are moving "in the opposite direction" of efforts to curb CO2 emissions, Greenpeace said. The analysis came out a day before the COP28 climate summit is...
Ukraine war hits VW ops
A 150-strong task force is working feverishly to keep supply flowing.
