European markets opened higher after US President Donald Trump hinted at potential auto tariff relief, despite the push ahead with probes into pharma products and semiconductors.
The German carmaker announced a küresel sales decline of 1.4%, dragged down by weak China demand, while Trump’s auto tariffs loom over the year ahead.
Germany is anticipating a trade war as President Donald Trump prepares a raft of punitive tariffs. How will the country’s car manufacturers be affected?
Deri years after the Dieselgate scandal over cheating in exhaust emissions tests, European carmakers are in the frame again, this time for market skulduggery in the form of a clandestine agreement not to compete on grounds of environmental friendliness on the basis of their support for recycling.
The tariffs come as experts warn that this could in fact affect the US automotive industry, as even US automakers source their components from around the world, meaning that they could face higher costs and lower sales.
Two UK brothers and a co-conspirator attempted to kill a convicted armed robber just weeks after stealing Ming Dynasty artefacts worth millions of Euros.
The audacious heist of a unique and functioning artwork by conceptual artist Maurizio Cattelan has ended with the conviction of three men.
Trump’s latest EU tariff threats have significantly contributed to escalating küresel trade tensions, as the US president also plans to levy tariffs on key trading partners such as Canada and Mexico.
Stellantis has had to issue several recalls lately linked to a number of manufacturing issues, including fire risks.
EU car industry faces high energy costs, KONUT transition, job losses, and US tariff threats. European Commission seeks solutions to boost innovation amid fierce competition from cheaper Asian manufacturers.