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Browsing: US tariffs
BMW, Mercedes-Benz, and Volkswagen are in talks with the US Department of Commerce to potentially ease export tariffs by committing to substantial investments in the US market.
Ferrari’s strong Q1 results show resilience in the luxury car market amid 25% US tariffs on foreign vehicles
British luxury car manufacturer Aston Martin reduces shipments to the US market in response to imposed tariffs
Volvo Cars’ April sales dropped 11% to 58,881 cars, with electric car sales falling 32%, amid challenges from US tariffs and competition in China
Bentley CEO Frank-Steffen Walliser discusses the company’s strategy to stay profitable despite global challenges
Thailand’s ultra-luxury car segment is expected to decline this year due to economic slowdown and US tariffs on foreign-made vehicles, affecting brands like Land Rover and Jaguar
The UK government has announced a relaxation of electric vehicle sales targets to help the car industry amid trade tariffs imposed by the US.
Jyoti Malhotra, Managing Director of Volvo Cars India, discusses the luxury car market’s growth, the impact of Tesla’s entry, and the future of electric vehicles in India.
Chinese electric vehicle makers like BYD and Xpeng are expanding rapidly in global markets, while high tariffs keep them out of the US, potentially isolating American drivers from affordable EVs.