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EUROPEAN CARMAKERS TARIFFS
BMW to launch 27 products in India this year, eyes No. 1 spotBMW Group India is launching 27 new models this year, aiming to solidify its position as the top luxury carmaker. The company is focusing o...
Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
Stellantis plans partnerships with Dongfeng in Europe, JLR in USStellantis is joining forces with China's Dongfeng to create a dynamic joint venture aimed at producing new energy vehicles right in the he...
BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
Trade deal or not, India won’t be easy for EU carmakersEuropean carmakers gain a significant advantage with a new EU-India trade deal. Tariffs on imported cars will drop sharply, opening India's...
EU carmakers face tough India market even after trade dealEuropean carmakers will see reduced tariffs on car imports to India following an EU-India trade deal, dropping from 110% to 40%.
US, EU lock in trade deal; US official sees auto tariff relief in weeksThe United States and European Union have finalized a trade deal. The US will impose a 15% tariff on most EU imports. This includes autos, ...
Car import quotas, export credits on table for EU-US trade talks: ReportBrussels and Washington are in talks to shield the EU's auto industry from potential U.S. tariffs. Measures under consideration include tar...
After Trump, EU seeks zero tariff from India on car imports, sources sayThe European Union wants India to scrap high car import tariffs under a pending trade deal. Sources say India may cut duties in phases to 1...
Euro cars rev up for India's big shiftEuropean carmakers are revamping their strategies for India's evolving automobile market, which holds potential for premium growth. Despite...
BMW expects 1 billion euro hit to earnings as tariff war escalatesBMW anticipates trade tariffs will cost the company 1 billion euros in 2024, impacting its earnings margin. Tariffs, including 25% on steel...
European carmakers face stock declines as Trump threatens 25% tariffs—here’s what it means for the auto industry and investorsEuropean carmakers are facing a stock market hit after former U.S. President Donald Trump proposed a 25% tariff on EU car imports. Shares o...
EU may cut China EV import tariffs for Volkswagen and BMW, sources sayThe European Commission may lower tariffs on Volkswagen and BMW’s China-made EVs, including the Mini and SEAT's Cupra Tavascan, to 20.8%. W...
Tesla hikes Model 3 prices in Europe due to tariffs on China-made EVsTesla has increased prices of its Model 3 cars in several European countries, including Germany, the Netherlands, and Spain, by approximate...
Europe is slapping tariffs on Chinese electric vehicles - for now. Here's what to knowEU raises customs duties on Chinese electric vehicles due to unfair subsidies. Tariffs aim to address market imbalance. Negotiations ongoin...
Europe wants affordable electric vehicles from China. But not at the cost of its own auto industryThe European Union plans to increase tariffs on Chinese-made electric vehicles due to unfair subsidies. This move aims to address the surge...
European autos stocks hit on China tariff jittersEuropean autos stocks were the worst performing equity market sector on Wednesday, following a report that suggested there was potential fo...
European shares rise as US-EU trade breakthrough spurs carmakersThe pan-European STOXX 600 was up 0.4 per cent by 0720 GMT.
- European car-makers oppose EU's tariff cut plan for India
European car-makers, which have pumped in excess of $2 billion to set up manufacturing units in India, are opposing an EU proposal for big ...