(IN BRIEF) ACEA has voiced serious concerns over the US President’s recent decision to impose additional tariffs on the automotive sector. The association emphasizes that these tariffs will not only raise prices for American consumers and disrupt import channels but … Read the full press release →
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Tagged ACEA, automotive industry, BMW Group, Daimler truck, EU automobile industry, European automakers, European Automobile Manufacturers’ Association, Ferrari, Ford of Europe, global competition, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, President Trump, R&D spending, Renault Group, Sigrid de Vries, Stellantis, Toyota Motor Europe, trade balance, trade surplus, US domestic manufacturing, US tariffs, Volkswagen Group, Volvo Group