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Volkswagen Osnabrück can be seen behind a volswagen emblem of a tower, which was closed in a tower in the GmbH plant, behind the red traffic lights.
Photo Alliance | Photo Alliance | Getty pictures
Europe’s car giants slipped in the morning on Wednesday, To extend recent losses US President Donald Trump’s tariffs related to dozens of countries entered into force – a 104% Levy In China.
Recent trading events such as Trump’s 5th AM London time, 20% of the European Union covers 20% tariff, 24% in Japan, 49% Levy in Cambodia.
According to the S & P Global, this “mutual” measures will not be applied separately on the existing auto tariffs of the United States.
Last Thursday, Trump administration, all foreign cars imported to the United States, the White House, which has intended to place tariffs in some car parts, not later than 3 May.
Shares of French Car Parts Supplier Valeo On Wednesday morning, the Pan-European Stoksh 600 was scared by 4.3%.
German Volkswagen, Mercedes-Benz Group and Bmw Falling up to 3% before suffering, the second, a new 52-week low down.
In Asia, Japan Nissan and TOYOTA On Wednesday, 7% and 2.6% fell accordingly.
Analysts warn that German car manufacturers are most likely to expose to US trade events.
“Tariffs, especially in the United States, hundreds of thousands of divisions are a blow to German car manufacturers (749,000 in 2024),” said Rico Luman, the Netherlands and Logistics in the Netherlands and Logistics in the Netherlands and Logistics, in CNBC
“Tariffs are difficult to work around and remain at least for a while, so they will have to deal with this and redesign product offers, price and production traces,” he said.
China’s Foreign Ministry on Wednesday be responsible To keep their interests to protect “determined and strong” to take the latest US debts.
High globalization of supply chains and production operations in North America is expected to have a deep impact on the global automotive industry.
Trump’s car tariffs have car giants in the days be responsible Give an import fee by announcing plans to lift the prices, Stop shipments, empty plants And even the workers were sleeping.
Madrid, Spain, March 28, 2025, March 28, 2025 a logo outside the BMW AG salon hall.
Bloomberg | Bloomberg | Getty pictures
Ing’s Luman, a drop in the sale of a US unit, probably the fact that the German carmakers will be harmed, this picture said.
“China is really more important and requires more attention to their home market,” Luman said. “I would say that competitive strengthening and selling more cars in the European home market (and perhaps developing other export markets in the world) will be focused.”
“BMW and Mercedes are one of the highest exporters of cars from the United States, thus the most retaliatory tariffs among European cars,” Rella Suskin sent a capital analyst to CNBC in CNBC.
He added that both companies may face double tariffs in Vehciles produced in Mexico and Canada.
“However, most of these models of models produced in Mexico or Canada can only be replaced by vehicles imported from Europe, which attracted 25% automatic tariffs in the world.”