Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentialsJapanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely ...
14 May, 2026, 08.10 PM IST
House lawmakers introducing bill to toughen US ban on Chinese vehiclesU.S. lawmakers are introducing legislation to strengthen the ban on Chinese automakers entering the American market, building on a Biden ad...
12 May, 2026, 07.22 AM IST
Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...
08 May, 2026, 01.15 PM IST
Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progressEuropean shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff hike, while investors ...
04 May, 2026, 02.47 PM IST
Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
30 Apr, 2026, 05.49 PM IST
Volkswagen sees only minor relief from possible tariff refund, CFO saysVolkswagen's finance chief Arno Antlitz revealed that any U.S. tariff refunds will offer minimal financial benefit. These potential refunds...
30 Apr, 2026, 03.12 PM IST
Volkswagen suffers more than rivals from auto industry woes amid global uncertaintyVolkswagen's presence in the U.S. market has taken a hit, with sales sliding downwards. New tariffs and shifting policies have posed challe...
10 Jan, 2026, 03.45 PM IST
Volkswagen swings to 1.3-billion euro loss in Q3 on tariff, Porsche woesVolkswagen reported a 1.3-billion-euro operating loss in the third quarter, significantly impacted by billions in costs from U.S. tariffs a...
30 Oct, 2025, 12.20 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
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...
10 Jul, 2025, 01.29 PM 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
Trump tariffs force more automakers to scrap profit guidanceMounting trade tensions, spearheaded by unpredictable U.S. tariffs, have prompted Stellantis and Mercedes-Benz to retract their profit fore...
30 Apr, 2025, 06.24 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
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
Global car industry in firing line of Trump's tariffs on Mexico, CanadaU.S. President Donald Trump has imposed new tariffs on imports from Mexico, Canada, and China. These tariffs particularly impact the automo...
02 Feb, 2025, 06.14 PM IST
Donald Trump takes his trade war to the next level with tariff threat to EU auto firmsTrump’s tweet came hours after the EU imposed tariffs on about $3.3 billion of American products in response to his barriers to imported al...
23 Jun, 2018, 12.49 PM IST