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Monday, October 14, 2019


Automakers to get 10-year tax breaks for Ghana plants

Volkswagen and Nissan would soon set up auto-assembly plants when Ghana signs off the 10-year tax break deal.

Automakers seek to electrify Geneva car show, fight off gloom

The automakers heading for Europe's biggest annual car show are already suffering from the ongoing trade war between Washington and Beijing.

Future Daimler CEO open to working with automakers to ease costs

He says Daimler is open to talk if there are concrete topics and it’s a win-win situation.

Automakers rise on report of China moving to cut US car...

Beijing had raised tariffs on US auto imports to 40% in July, forcing many carmakers to hike prices.

Automakers lose policy clout in EU as tougher emission caps loom

The bloc will likely ignore pleas regarding the next set of proposed reduction targets.

Trump rolls back Obama-era fuel efficiency rules

The decision by Trump's Environmental Protection Agency means the emission standards for vehicles in the 2022-2025 model years will be revised, as sought by automakers.

Stocks, dollar tumble on global trade war fears

President Donald Trump's pledge on Thursday to impose hefty tariffs on steel and aluminum imports raised the prospect of a global trade war that could weaken a healthy US economy that is poised to deliver record corporate earnings.