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German state politician calls for EU tariffs on Chinese hybrid cars, letter shows | The Mighty 790 KFGO | KFGO
3+ week, 2+ day ago (162+ words) BERLIN, Aug 21 (Reuters) – Sebastian Lechner, the CDU state chairman of Lower Saxony, is calling for the European Union to quickly impose import tariffs on Chinese hybrid cars, a letter seen by Reuters on Friday showed. • “It is precisely these hybrids…...
Automakers thought Canada was getting a trade deal. Then tariffs doubled | The Mighty 790 KFGO | KFGO
2+ week, 4+ day ago (596+ words) By Nora Eckert and David Shepardson DETROIT, Aug 26 (Reuters) – Just last week, automakers were hoping summer U.S.-Canada trade talks would deliver relief from Washington’s 25% tariffs that have raised the cost of shipping vehicles and parts across the border. Instead,…...
Volkswagen finds defence future for German plant amid major overhaul
6+ day, 12+ hour ago (437+ words) By Christina Amann and Christoph Steitz OSNABRUECK, Germany, Sept 7 (Reuters) – Volkswagen on Monday struck a preliminary deal that will see one of its German sites switch to defence production, a first in the automaker’s efforts to restructure plants struggling to…...
Analysis-Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs
1+ week, 6+ day ago (635+ words) By Daniel Leussink and Maki Shiraki TOKYO, Aug 31 (Reuters) – U.S. President Donald Trump is targeting Ottawa with a proposed 50% tariff on Canadian car imports — but Japan’s Toyota and Honda may end up footing the bill. The two Japanese automakers account…...
Ford to recall about 149,000 vehicles in US over power loss, NHTSA says
1+ week, 5+ day ago (143+ words) Sept 1 (Reuters) – Ford Motor is recalling 148,663 vehicles in the U.S. due to a loss of driver power and loss of headlight function or windshield washing system function, which can reduce visibility, the U.S. National Highway Traffic Safety Administration said…...
Exclusive-Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show
1+ week, 4+ day ago (619+ words) TOKYO, Sept 2 (Reuters) – Japan’s Honda aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter. Honda, the…...
German state leader urges joint effort to solve Volkswagen crisis
1+ week, 6+ day ago (372+ words) the state leader of Saxony said. State premier Michael Kretschmer, a member of Chancellor Friedrich Merz’s...
Trump administration blasts Ford business deals with Chinese firms
5+ day, 3+ hour ago (169+ words) WASHINGTON, Sept 8 (Reuters) – The Trump administration on Tuesday blasted Ford Motor’s business partnerships with Chinese companies, saying they pose deep national security concerns. U.S. Transportation Secretary Sean Duffy in a letter to Ford CEO Jim Farley sent on Tuesday…...
Volkswagen needs deep cuts to remain competitive, CEO says ahead of crunch talks
3+ week, 2+ day ago (421+ words) BERLIN, Aug 21 (Reuters) – Volkswagen CEO Oliver Blume warned on Friday that the car sector’s problems would only intensify in the coming years, arguing deep cost cuts were needed to keep Europe’s top automaker afloat as it gears up for weeks…...
Volvo Cars to close Stockholm office in efficiency drive
1+ week, 6+ day ago (166+ words) HELSINKI, Aug 31 (Reuters) – Sweden’s Volvo Cars said on Monday it will close its Stockholm office, where 450 people currently work, relocating responsibilities to its Gothenburg headquarters as part of an effort to cut costs and boost efficiency. The carmaker, majority owned…...