The threat of import tariffs has raised alarm bells in Europe, as vehicles and machinery are the European Union’s biggest exports to the United States.
Stellantis NV and Volkswagen AG are highly exposed to US President Donald Trump’s new tariffs on vehicles imported from Mexico and Canada, with Bloomberg Intelligence estimating the levies could wipe out €5.
Both automakers have recalibrated product plans after ousting CEOs who bet aggressively on EVs that consumers weren't ready to buy.
Car executives who’ve walked back their electric vehicle ambitions are breathing sighs of relief after the European Commission proposed easing emissions rules that were supposed to get stricter this year.
Shares of Ford Motor Co., General Motors Co., and Stellantis NV climbed in after-hours trading on Tuesday following remarks from President Donald Trump, who reiterated his plan to make interest payments on car loans tax deductible — but only for American-made vehicles.
Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% took effect on imports from Canada as well as Mexico, a major automotive supply and manufacturing hub for global firms.
Kleber Silva, a Brazil-based virtual artist known as "KDesign AG" on social media, has decided to have a CGI go at imagining a truck version of the VW Tera
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
A 25% import tariff on goods from Mexico and Canada is now in effect, including autos and auto parts, with UBS telling investors in a research
The next-generation Jeep Compass for the European market will be built in Melfi, Italy, but will Stellantis export it to the US?
Stellantis gave a cautious outlook for 2025 on Wednesday as the automaker scrambles to recover from a slump in its U.S. business last year that led to the ousting of CEO Carlos Tavares. The Franco-Italian-U.