How Trump Is Destroying Detroit
The U.S. auto industry was in big trouble even before President Trump imposed 50 percent tariffs on the…
BYD’s tiny car has a big mission in Japan
From Europe to Southeast Asia, Chinese electric vehicle maker BYD is on a roll. But its toughest challenge…
Toyota sees profit falling more than 20% as Iran war and US tariffs bite
Toyota Motor said on Friday it expects net profit in the current financial year, ending in March 2027,…
Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progress
European shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff…
Trump offers US automakers additional relief from his tariffs
WASHINGTON (AP) — President Donald Trump is giving domestic automakers additional relief from tariffs on auto parts, extending…
Car Industry Feels ‘Distress’ as Suppliers Face Tariffs
The White House has argued its tariffs were designed to help the American car industry. But as the…
European automakers confront tariffs, Chinese rivalry at Munich car show
By Nick Carey, Christoph Steitz and Christina Amann MUNICH (Reuters) -Major automakers will showcase their latest models at…
Trump’s tariffs are pummeling top automakers. The hit is $11.7 billion — and climbing
The auto sector is taking President Trump’s tariffs on the chin. Toyota (TM), the world’s largest automaker, was…
Achtung! Germany’s Mercedes, Porsche stung by Trump’s auto tariffs
German luxury stalwarts Mercedes-Benz (MBGAF) and Porsche (P911.DE) usually count on the US for a sizable portion of…
8 Japan automakers’ global sales up 0.5 % in May
On the other hand, Mazda Motor Corp. posted a 9.1 % global sales decline, while Subaru Corp. logged a…
European Stocks Post Best Week in Six on Trade Optimism With US
(Bloomberg) — European stocks posted their biggest weekly gain since mid-May on optimism that the European Union and…
Japans Nikkei rises on resilient Wall Street, pause in yen rally
TOKYO, – Japan’s Nikkei share average rose on Tuesday, with a pause in the yen’s rally supporting automakers…