U.S. tariffs could raise auto prices by $83 billion: trade group

Thu, 19 Jul 2018 - 09:00 GMT

The European Union, Japan, Canada, Mexico, along with many automotive trade groups, Volkswagen, and the United Auto Workers union are among those scheduled to testify at the hearing.

Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices

Thu, 28 Jun 2018 - 07:32 GMT

A coalition representing major foreign automakers including Toyota, Volkswagen, BMW, and Hyundai, said the tariffs would harm automakers and U.S. consumers.

Japan's PM defends its automakers against U.S. import probe

Mon, 28 May 2018 - 08:46 GMT

The number of cars Japanese automakers produce in the United States is double the number it exports to the country, Abe said.

NAFTA math may not add up to more U.S. auto jobs

Mon, 14 May 2018 - 08:11 GMT

Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States.

Trump urges automakers to build more vehicles in U.S.

Fri, 11 May 2018 - 10:20 GMT

Trump pressed automakers to build more vehicles in the U.S. and launched a fresh attack on the North American Free Trade Agreement that has benefited them.

Fiat, Volkswagen explore investment in Egypt’s auto industry

Wed, 28 Mar 2018 - 03:52 GMT

The two companies conducted meetings with the federation’s board last month to assess the local economy to pump investments in Egypt.

Autos, oil shares help European stocks rally pick up pace

Thu, 04 Jan 2018 - 09:32 GMT

A rally in European stocks picked up pace on Thursday, following the lead of Asian shares which hit a ten-year peak overnight.

U.S. judge in Takata bankruptcy halts lawsuits vs automakers

Wed, 16 Aug 2017 - 04:12 GMT

A U.S. judge overseeing the bankruptcy of Takata Corp's U.S. business has halted for 90 days the lawsuits brought by victims of its faulty air bag inflators.