According to Bloomberg, the Canadian government announced a comprehensive counter-tariff plan for U.S. products after U.S. President Trump confirmed that the United States will begin imposing new tariffs on Canada and Mexico on March 4. The executive order signed by Trump […]
According to Bloomberg Intelligence, these tariffs imposed by Trump on Mexican and Canadian vehicles could reduce European automakers’ earnings by 5.88 billion euros (about $6.2 billion) this year. On March 4, Bloomberg Industry Research senior industry analyst Michael Dean wrote in […]
According to Bloomberg, the latest data released by the French Automobile Association Plateforme Automobile (PFA) shows that due to the decrease in Stellantis’s car sales, the number of new car registrations in France in February fell by 0.7% year-on-year. According to […]
Registration data released by the Malaysian Automobile Association (MAA) shows that in January this year, Malaysia’s new car sales fell 27% year-on-year and 40% month-on-month, down from 66,923 units in the same period last year to 48,732 units. The sharp […]
After Porsche’s chief financial officer Lutz Meschke and chief sales officer Detlev von Platen unexpectedly announced their resignation, the board of supervisors acted quickly to reach an agreement on the two successors. From now on, Porsche welcomes two new executives: Jochen Breckner, 47, will take over the […]
According to Bloomberg, the U.S. tariffs on Canadian and Mexican products could cause U.S. auto prices to rise up to $12,000 and wreaking havoc on the North American supply chain. After the U.S. taxes on Canadian and Mexican products, the cost […]