Finance News – Carmakers
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Who are the winners and losers in US-EU trade deal?
The recent adjustments in tariffs under the US-EU trade agreement have created varying financial outcomes, benefiting some industries and consumers while posing challenges for othe...
Read Full Article →Jaguar Land Rover delays launch of new Range Rover Electric
The postponement of new electric vehicle releases may impact Jaguar Land Rover’s revenue streams and market positioning as the company adjusts production timelines to better align...
Read Full Article →Sweden's Volvo Cars switches gears in the U.S. as tariffs bite
Volvo Cars is adjusting its operations in the United States to address increased costs resulting from import duties, which significantly impact its financial performance in the Nor...
Read Full Article →UK aerospace sector to avoid tariffs as Trump-Starmer trade deal clinched
The newly established trade agreement between the UK and the US is expected to reduce costs for aerospace manufacturers and automobile exporters by eliminating import duties and fo...
Read Full Article →EU urges China to loosen rare earth curbs as carmakers near crisis point
European officials highlight the economic impact of restricted access to critical minerals from China, emphasizing potential disruptions for automotive manufacturers facing increas...
Read Full Article →Mercedes moving production of its GLC SUV from Germany to the US
Relocating GLC SUV manufacturing to the United States reflects strategic adjustments by automakers to mitigate costs and maintain competitiveness amid evolving international trade...
Read Full Article →European and Asian carmakers face steep shipping costs to US on top of tariffs
New port fees introduced by the U.S. government could increase expenses for foreign automobile manufacturers, potentially impacting the large-scale vehicle import industry valued a...
Read Full Article →Trump offers some auto-tariff relief, but not for carmakers’ two biggest concerns
Despite proposing tariff relief measures, the plan fails to address major concerns for automakers, leaving them in a challenging position regarding regulatory and financial uncerta...
Read Full Article →Little respite for carmakers despite Trump’s tariff rowback
The recent reduction in import taxes for foreign parts offers limited relief to a global automotive industry that continues to face significant challenges and pressure amid ongoing...
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