British luxury car makers may still be hit by higher tariffs on US sales. Last month, the UK car sector was breathing sighs of relief that it has escaped the highest American tariffs being proposed by US President Donald Trump but last week he announced that he may soon raise auto tariffs, aiming to encourage automakers to accelerate their investments in … [Read more...]
Welsh automotive businesses tariff troubles
The Welsh Automotive sector is concerned about the continuing effects and fall-out of the current trade tariffs implementation. In the latest newsletter of the Welsh Automotive Forum it discusses how the local industry is shaping responses to US Tariffs. Member companies rcently engaged in a roundtable discussions on the impact of US tariffs on the Welsh … [Read more...]
EU car makers holding breath over China duties
Car makers are closely watching developments after the EC decided to impose provisional duties on imports of electric cars manufactured in China, based on initial findings of an anti-subsidy investigation initiated last year. ACEA has consistently affirmed that free and fair trade is essential in creating a globally competitive European automotive … [Read more...]
Car makers call for push-back from cliff
In a letter to European Commission President Ursula von der Leyen, automotive industry leaders have joined forces to call for immediate action to prevent unnecessary tariffs being imposed on vital electric vehicle trade between the EU and the UK. With around two months to go until the current rules of origin (ROO) in the EU-UK trade and cooperation … [Read more...]
