Mercedes, together with BMW and Volkswagen, proposes a tariff-free trade with the US: a European car for every American. A way to circumvent Trump's duties on the automotive sector
The Japanese auto giant is already paying dearly for the new duties imposed by the United States: operating profit down by 180 billion yen between April and May. And the outlook is worsening
First quarter 2025 with the handbrake on for four big automakers that suspend guidance for the current year amid duties, weak demand and rising costs. Only Volkswagen confirms, but "with reservations". What's happening in the global automotive industry?
Trump's new about-face: a temporary suspension of auto tariffs is hypothesized to encourage reshoring in the US. Stocks rally, led by Stellantis, but the industry remains concerned. Elkann at the shareholders' meeting: "American and European auto industry at risk, 2024 a disappointing year also…
The 25% tariff on cars imported into the United States is now effective. Despite concerns, the car market is trying to hold on and contain losses. Uncertainties about the future remain high, but the initial impact is not catastrophic. The…
European stock markets close down, with Milan below 39 points (-0,9%). American stock markets also suffer heavy losses, influenced by inflation and consumer confidence. Gold hits $3.086 - Follow the LIVE broadcast
The Commission's plan to relaunch the automotive sector includes a halt to emissions fines, with a deadline extended to 3 years, but confirms the goal of eliminating combustion engines by 2035. There is also openness to the use of…
The tariffs imposed by the United States on Canada and Mexico risk increasing the price of cars by up to 3.000 euros in Italy. Federcarrozzieri raises the alarm: increases on new cars and components. Here's how much the most expensive models could cost…
Japanese automakers seek protection from possible US tariffs, fearing an impact on the industry and related industries. The government is preparing to negotiate with Washington to protect the sector and the national economy
After Trump's announcement of 25% duties on cars, chips and medicines, Brussels proposes to reduce tariffs on cars from 10% to 2,5%. Objective: to avoid new tensions. But complex negotiations are expected
According to Bernstein, the tariffs imposed by the United States on Canada, China and Mexico represent "a disaster" for the American automotive industry. In deep red are the European and Asian companies that produce in Mexico and Canada and export from there to the United States
The trade war unleashed by Trump overwhelms global markets, with heavy losses for Asian and European stock exchanges. In Milan, Stm and the automotive sector collapse. Oil soars - Follow the LIVE broadcast
Europe formalizes the introduction of duties on Chinese electric cars. What will Beijing do now? The moves of Brussels which in the meantime tries to maintain a balance to avoid a trade war
Green light from the European Commission to duties on Chinese electric cars to protect the local industry. Ten countries are in favor, including Italy and France, while Germany is opposed. Despite trade tensions, the EU assures that "negotiations with…
Chinese EV makers are shifting their focus to emerging markets to counter tariff barriers imposed by Western economies. Meanwhile, in Europe, the EV sector is showing signs of slowing, with registrations falling while it is growing,…
No agreement with Beijing. Starting July 5, 2024, the European Union will apply tariffs that vary by manufacturer to protect the internal market. They will be provisional, the final decision will be in October. Europe divided on the choice but in the meantime the…
European duties on electric cars would start in July, but the talks between the Chinese minister and the European commissioner could change the scenario. What happened and where we are
The increase in EU duties on Chinese electric cars triggers retaliation from Beijing, with new duties on pork and possible measures on the automotive sector. The political-commercial clash between Europe and China is widening
The Fed's forecast of a single rate cut in 2024 and the EU duties on cars send the stock markets into the red, with Piazza Affari falling below 34 thousand points ballasted by the automotive sector. But Tesla flies to the USA. The…
Brussels raises duties on imports of Chinese electric cars to counter alleged unfair practices. Beijing promises reprisals. Tension between the EU and China, Germany and Hungary are against the duties, while the other EU countries are in favor
Has Beijing really already won its challenge with the West? The Stock Exchange indicates the opposite with the American market which guaranteed much higher returns. Within the great Asian country, the idea is beginning to make headway that the commercial pickaxes of…
For Berlin, car tariffs would be a national emergency with repercussions on growth and employment - An agreement with America, which will still take some time anyway, would be a great tonic for European cyclicals and could give a recovery of 5 %…
Positive closure for the European stock exchanges driven by the auto sector while waiting for a solution to the tariff problem - Frankfurt and Milan the best - Purchases on Stm and Generali in Piazza Affari - Fashion and luxury down - Spread in…
Attempt underway between Brussels and Washington to defuse the tariff mine. According to rumors, the EU would like to propose a reduction in the tariffs in force today in order to avoid the increase in tariffs threatened by Trump - Signs of openness also from the States…
On the eve of D-Day on the increase in US tariffs on imports from China, Beijing warns of the domino effect for Western economies and Europe first and foremost. Asian stocks still down. Oil, Tehran reacts to sanctions. In Milan luxury companies…
Donald Trump's new threats on tariffs for the automotive sector send Asian stock markets into a tailspin and keep Europe under stress - The Carrefour-Tesco alliance promises a price battle in large-scale distribution - Car sales slow down -…
According to data from the Association of Motor Vehicle Manufacturers, this is the estimate of the annual cost of the 25% tariff barriers on cars and components that Donald Trump threatens. European Union, China and Japan are on guard
Paris and Milan closed a swinging day slightly higher. Frankfurt penalized by the risk of duties on the car which instead rewards the Fiat Chrysler team less exposed to the US ax. Buzzi Halls. Negative Tim and banks, bad Carige. Spread Btp-Bund still up.
Tariffs on European cars could rise by 2,5 to 20%, with Germany the hardest hit nation. Sergio Marchionne takes the field and warns Europe: be careful of exaggerating with the reactions, Italy and France have a flow of cars very…
In addition to Daimler's profit warning for the ruinous effects of tariffs on cars, the appointment of the decidedly anti-euro Northern League presidents at the head of the Budget and Finance Commissions of the Chamber and Senate - FCA weighs a ton on Piazza Affari…
