Finance News – Carmaker
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Auto giant Volkswagen cuts guidance as U.S. tariffs hit profit hard
Volkswagen experienced a notable decline in second-quarter earnings, largely influenced by elevated expenses resulting from U.S. import tariffs, which affected the company’s overal...
Read Full Article →Tesla shares fall as Trump says he wants Musk to ‘thrive’
Tesla's stock declined following a significant decrease in second-quarter earnings, highlighting investor concerns despite positive remarks from a prominent political figure.
Read Full Article →Renault shares plunge 17% after French carmaker lowers guidance, appoints new interim CEO
The adjustment to Renault’s future financial expectations and leadership changes led to a notable decline in market value, reflecting investor concerns about the company’s performa...
Read Full Article →Subaru of America is the latest carmaker to raise prices citing market conditions
Subaru of America has increased its vehicle prices, attributing the change to general market factors, which may impact consumer costs and overall company revenue in the automotive...
Read Full Article →Tariffs on car parts entering the US come into force
The implementation of tariffs on car parts imported to the US, despite a reduction following industry concerns, remains significant, according to analysts who highlight its potenti...
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