The auto industry is staring down a crisis. Donald Trump’s sweeping new tariffs on imports from Canada, Mexico, and China threaten to upend supply chains, raise car prices, and force automakers to ...
Ford CEO Jim Farley did not mince words when he said Trump's tariff policy is causing concern and chaos amongst automakers.
German-based automotive supplier ZF Hungary has announced plans to axe 110 jobs at its Hungarian base, citing the downturn in ...
The German automotive industry, a cornerstone of the economy, faces significant challenges, including the shift to electric vehicles and rising global competition. High production costs ...
Ford CEO Jim Farley said at an analyst conference that while President Trump wants to help automakers, his Canada and Mexico ...
Chip sales in the auto sector skid as the post-pandemic frenzy turns into an inventory glut. With tapering of sales and other ...
When one crisis is over, another is coming up," is how Simon Shütz, a spokesman for the German Automotive Industry Federation (VDA) puts it. Car sales across Europe have been declining since 2017 ...
A crisis in the German car industry has been burning slowly for years but has been accelerated by a surge in exports from ...
"So far, what we are seeing is a lot of cost and a lot of chaos," Jim Farley said of Trump's tariffs.