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Brexit paints go-slower stripe on UK car industryPlant closures like Honda’s in Swindon raise the spectre of decline for Britain’s auto sector. Yet the underperforming site always looked vulnerable. The bigger test is whether global carmakers want to build electric vehicles in the UK. Brexit will prove a huge deterrent.
Source: Breakingviews - 🏆 470. / 51 Read more »
U.S. car buyers could face higher prices from import tariffs, auto industry warnsThe latest wave of concern was triggered by the Commerce Department’s confirmation that it had delivered on Sunday a long-awaited report to President Donald Trump. Thank you realDonaldTrump Would you want the price of a reliable Camry to go up by $1600 ? I certainly dont want to buy a domestic pos even if it coat half the price of a camry
Source: NBCNews - 🏆 10. / 86 Read more »
Auto industry urges Trump not to hit imported cars and auto parts with steep tariffsThe U.S. auto industry urged President Donald Trump's administration on Monday not to saddle imported cars and auto parts with steep tariffs.
Source: CNBC - 🏆 12. / 72 Read more »