-
Melissa Eddy
Posts
Ford to Cut 1,000 Jobs in Germany as E.V. Sales Slow
The automaker said the reductions at its factory in Cologne come on top of 4,000 job cuts across Europe that were announced last year.
Porsche Is No Longer a Blue-Chip Company in Germany
The German carmaker will soon no longer be listed on the leading DAX stock index three years after it made a blockbuster debut, amid losses…
Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
Volkswagen Hit Hard by Trump’s Tariffs
The German automaker said that the U.S. import duties erased about $1.5 billion from its profit in the first half of the year.
Germany’s Rheinmetall, a Maker of Autos and Arms, Is Forging Stronger US Ties
Rheinmetall, an automotive and arms maker, is using a partnership with the builder of F-35 fighter jets to move into aviation and expand its presence…
Germans Are Buying More Electric Cars, but Not Teslas
Drivers in the country, Europe’s largest car market, are avoiding vehicles from Tesla, which has seen a drop in sales in other countries as well.
Trump’s Tariffs Expected to Drag Down the Global Economy
Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for…
Trump’s Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’
The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the…
China’s BYD Outsells Tesla in Europe for First Time
Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for the continent’s auto market.
Tariff Uncertainty Threatens to Drag Down Europe’s Economic Growth
The European Union scaled back its forecast for growth in 2025 by nearly half a percent, as the jump in tariffs and surrounding chaos bite.