The car industry in the EU on Monday viewed the trade deal struck with the United States as a de-escalation -- but one that still puts sand in its gearbox ....
Recent pacts with Britain, Europe and Japan mean that autos exported from those countries and regions face lower U.S. tariffs than Canadian vehicles do ... .
Britain’s new vehicle production is expected to decline by 15 per cent in 2025, weighed down by global trade disruption; however, a reversal is expected the next year, industry data showed on Thursday.
That included 385,810 cars, the SMMT said ... Car makers claim they are spending billions of pounds per year on price cuts to meet the requirements, as consumer demand for EVs fails to meet levels anticipated by the industry previously.
The decline of the British car industry is accelerating all the time ... In reality, it is far too easy to blame other counties for the demise of the British car industry ... Classic cars, Electric cars.
GM’s quarterly profit tumble comes a day after Stellantis says it expects $2.7bn loss in first six months of the year.| Read More Al Jazeera – Breaking News, World News and Video from Al Jazeera ....
While China’s car makers have been making a great success of taking on the European, Japanese, and American car industry grandees, now the bigger threat might be from other home-grown brands, and waning sales in the domestic market.
The US has proposed various layers of import tariffs on SA goods, including a special car surcharge, the special ... This will have a compounding effect on the competitive position of the SA car industry.