Browsing: Tariff
EDF has acquired all remaining shares in London-based Pod Point Group Holdings PLC, making the electric vehicle charging provider a…
Magna International on Friday lifted its full-year sales outlook and posted better-than-expected second-quarter results, helped by cost-cutting initiatives aimed at…
Volvo Cars said on Monday its global vehicle sales fell 14% in July from a year earlier to 49,273 units,…
Aptiv PLC raised its full-year earnings forecast on Thursday, supported by steady demand for its advanced driver-assistance systems and infotainment…
Panasonic reported a 47% increase in first-quarter operating profit at its energy unit on Wednesday, driven by rising demand for…
Mercedes-Benz on Wednesday lowered its full-year car sales and profit margin forecasts, citing a nearly $420 million hit from U.S.…
Stellantis said on Tuesday it expects to incur €1.5 billion in costs this year due to U.S. tariffs on vehicles…
Kia’s new PV5 electric van has been seen undergoing testing in the United States, renewing speculation about a potential U.S.…
European automakers are grappling with renewed pressure after a partial easing of U.S. tariffs under a deal struck between President…
Skoda Auto, a unit of Germany’s Volkswagen Group, reported a nearly 12% rise in first-half operating profit to 1.3 billion…
Audi, the premium brand of German automaker Volkswagen, lowered its full-year revenue and margin forecasts on Monday, citing increased U.S.…
Chinese electric vehicle maker Nio said it has delivered its 10,000th vehicle under the Firefly sub-brand, about three months after…
Volkswagen Cuts Outlook After $1.5 Billion Tariff Hit, Sees Profit Recovery From 2026
Volkswagen slashed its 2025 sales and profit forecasts on Friday after reporting a €1.3 billion ($1.5 billion) first-half impact from…
Samsung Electronics has secured a $16.5 billion chip supply contract with Tesla, according to CEO Elon Musk, marking a key…
China’s BYD is struggling to expand its presence in India due to ongoing political tensions that have restricted key business…
Hyundai Mobis posted strong second-quarter results, with operating profit rising by more than a third from a year earlier, buoyed…
The European Union and the United States have reached a trade agreement that will see a 15% base tariff applied…
New vehicle manufacturing in the UK declined by 11.9% year-on-year to 417,232 units in the first half of 2025, according…
LG Energy Solution Q2 Operating Profit More Than Doubles on Early Demand Ahead of U.S. Tariff Concerns
South Korea’s LG Energy Solution (LGES) said its second-quarter operating profit more than doubled year-on-year, as some customers accelerated battery…
Hyundai Motor Co (005380.KS) on Thursday posted a 16% decline in second-quarter operating profit, as newly imposed U.S. tariffs on…