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Quartz • Jul 24, 2025

U.S. car companies could face higher tariffs than Japan. Howard Lutnick says they're 'cool' with it

American automobile manufacturers may incur increased costs due to a 25% tariff on vehicles produced in Canada and Mexico, which exceeds the 15% duty imposed on Japanese car import...

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Euronews Business • Jun 04, 2025

Volvo Cars sales plunge 12% in May as tariff challenges continue

Volvo Cars experienced a notable decline in May sales, reflecting ongoing tariff pressures and increased production expenses that have led many European automakers to reduce costs...

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