VW Group to spend $186 billion by 2030, focus on Germany, EuropeVolkswagen Group, including Porsche and Audi, will invest 160 billion euros over the next five years. The focus is on Germany and Europe, c...
06 Dec, 2025, 05.50 PM IST
Volkswagen CEO: Tariffs have cost group billions so farVolkswagen's CEO, Oliver Blume, revealed that U.S. tariffs have cost the company billions of euros this year, significantly impacting brand...
08 Sep, 2025, 01.10 PM IST
EU car industry sees relief - and pain - in US trade dealThe European Union car industry sees the United States trade deal as a partial relief. However, tariffs will still negatively affect the in...
29 Jul, 2025, 07.40 AM IST
BMW, Mercedes, VW in talks with US over possible tariff deal, sources sayGerman carmakers, including BMW, Mercedes-Benz, and Volkswagen, are engaged in discussions with Washington regarding a potential import tar...
28 May, 2025, 09.12 PM IST
Volkswagen to add 'import fee' to cars sold in USVolkswagen plans to add an import fee to U.S. car prices to address the 25% tariffs imposed by President Trump. The automaker will also red...
05 Apr, 2025, 01.20 AM IST
Trump's auto tariffs could give Tesla and Elon Musk a leg up on rivalsTesla may benefit from the new auto tariffs announced by President Trump, as their U.S.-made vehicles won't be subject to the tariffs. Howe...
27 Mar, 2025, 07.55 PM IST
German minister, autos lobby call for urgent EU-US talks over tariffsGermany's economy minister and its carmakers harshly criticised Donald Trump's 25% tariff on imported vehicles, highlighting the negative i...
27 Mar, 2025, 02.37 PM IST
European shares hit two-week low as automakers decline on Trump's tariff plansDeclines in auto stocks pushed European shares to a two-week low on Thursday after U.S. President Donald Trump announced plans to slap 25% ...
27 Mar, 2025, 02.36 PM IST
Audi weighs price increases to soften US tariff blowAudi is considering whether to pass on the cost of U.S. import tariffs to customers and expects a decision this year on localising producti...
18 Mar, 2025, 06.46 PM IST
Which car companies are in firing line of Trump's tariffs on Mexico, Canada?The United States is set to implement proposed tariffs on Canada and Mexico, potentially affecting automakers like Audi, BMW, Ford, GM, and...
03 Mar, 2025, 03.13 PM IST
Trump tariffs pose challenge for Europe's carmakersThe new 25 percent customs duties, set to be imposed soon, could either force manufacturers to absorb costs or raise prices, impacting thei...
28 Feb, 2025, 10.24 AM IST
Donald Trump’s tariffs target European carmakers amid intensifying US-EU trade warAny tariffs imposed by Donald Trump would primarily impact German carmakers, with the top three manufacturers accounting for 73% of the 820...
11 Feb, 2025, 07.32 PM IST
From Audi to Foxconn and H&M; which companies are likely to feel the heat from Donald Trump's tariffs?President-elect Trump's proposed tariffs on Canada, Mexico, and China threaten major industries. Automakers like Audi, BMW, and Toyota, alo...
05 Dec, 2024, 04.18 PM IST
Europe's EV troubles bubble up at Brussels Audi factoryAudi's Brussels factory faces closure amid low demand for electric vehicles and competition from China. Workers have launched a strike, fea...
16 Sep, 2024, 12.08 PM IST
‘Father’ of China EV industry calls for investment talks with EUThe panic coming from the EU is caused partly by the fact that Chinese foreign investment hasn’t kept up with the pace of exports, Wan Gang...
26 Jun, 2024, 11.59 AM IST
EU, Japan reprieve from Trump’s auto tariffs may be short-livedTrump to give the EU and Japan 180 days to agree to a deal that would “limit or restrict” imports into the US of automobiles
16 May, 2019, 04.18 PM IST
- Imported wine, Scotch, cars set to cost less
The govt appears set to slash import duty on wines and spirits imported from Europe to under 50% from 150% at present.
23 Dec, 2011, 06.24 AM IST