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The U.S. and Europe have a new trade deal that includes 15% import tariffs on many European goods, including cars. That is ...
The writer is the chief financial officer and chief operating officer of Volkswagen Group. Europe’s automakers face mounting problems. For over a decade, an industry historicall ...
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...
Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with ...
Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...
The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it ...
European stock markets began the final session of the week on a decidedly negative note, with the regional Stoxx 600 index ...
Skoda Auto, a Volkswagen unit, increased the share of electric vehicles in its sales mix in the first half of the year and ...
President Trump’s auto tariffs have riddled Volkswagen, which said it was hit with a $1.5 billion profit dent after the onset ...
The auto group was forced to trim its full-year earnings forecast and “realign” its business model, possibly focused on less ...
Wolfsburg finds a silver lining amid historic levels of instability in the car business in the US and elsewhere.
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