News

The recent trade deal between the EU and the US brings relief and challenges for the EU car industry, grappling with tariffs and potential revenue losses, particularly impacting German automakers like ...
Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
Italian Prime Minister Giorgia Meloni has found herself at the center of a heated political storm following the announcement ...
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...
European carmakers face new U.S. tariffs amidst an ongoing trade tension, resulting in potential billion-dollar impacts. A ...
Automotive supplier Piston Group has hired a new chief financial officer and made a high-powered appointment to its board of ...
U.S. President Donald Trump hailed the framework trade agreement with the European Union as one that promises to be “great ...
BERLIN (Reuters) -Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year ...
The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it ...
Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to ...
Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.