Audi Division of Volkswagen AG

Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs

alishpagda08@gmail.com2 months ago08 mins

European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the impact and unable to plan for the future. After years of sluggish demand and high inflation, Europe’s carmakers headed into 2025 with a raft of new…

Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories

alishpagda08@gmail.com3 months ago011 mins

President Trump’s 25 percent tariffs on imported vehicles, which went into effect last week, are already sending tremors through the auto industry, prompting companies to stop shipping cars to the United States, shut down factories in Canada and Mexico and lay off workers in Michigan and other states. Jaguar Land Rover, based in Britain, said…