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German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...
Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
Sigrid de Vries, director general of the European Automobile Manufacturers’ Association, said on Monday the EU agreement ...
Although the deal is better than the 30 per cent rate threatened by Trump and will bring clarity for European makers of cars, planes and chemicals, the 15 per cent baseline tariff is well above ...
Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the ...
Increased flexibility in production costs and reduction in operating costs (hiring freeze, travel restrictions, marketing ...
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