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Guggenheim analyst Ronald Jewsikow updated his tariff impacts for the auto industry. Some auto makers are in better shape ...
That’s why finding a solution now is crucial," he said. German car manufacturers are very active in the US market, employing over 140,000 people at US facilities and producing more than 900,000 ...
and German-made EV models tend to have the solid feel of heavy machinery that appeals more to American drivers than the small, efficient electric cars offered by many Asian manufacturers.
Massive job losses in the German automotive industry are announced almost daily. The supplier industry is being decimated by ...
German car manufacturers are particularly hard-hit by the tariffs, as the country is the EU’s leading car exporter, accounting for nearly 65% of the bloc’s auto exports. “The new US tariffs ...