Tariffs on Mexico, Canada Hit Europe’s Automakers
Europe’s beleaguered automakers are also affected by high tariffs on imports from Mexico and Canada. Shares in Volkswagen, Mercedes-Benz and BMW all dropped early Tuesday, echoing the declines in U.S.
Trump tariffs pose challenge for Europe's carmakers
US tariffs on imported cars will create a major headache for European manufacturers such as Volvo, Volkswagen and Mercedes.
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Recall Issued For 60,000 Volkswagen, Audi Vehicles
More than 60,000 Volkswagen and Audi vehicles in the United States are being recalled.The move follows an announcement made by the US National Highway Traffic Safety Administration on Friday, Feb. 28,
Stellantis, VW Bear Brunt of €5.88 Billion Trump Tariff Risk
Stellantis NV and Volkswagen AG are highly exposed to US President Donald Trump’s new tariffs on vehicles imported from Mexico and Canada, with Bloomberg Intelligence estimating the levies could wipe out €5.
Tariffs on Mexico, Canada ‘negative’ for Stellantis, Volkswagen, says UBS
A 25% import tariff on goods from Mexico and Canada is now in effect, including autos and auto parts, with UBS telling investors in a research
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Volkswagen to recall over 60,000 EVs over display issue
Volkswagen has initiated a recall of more than 60,000 electric vehicles in the United States following the discovery of a software issue that prevents proper gear position display.
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Volkswagen recalls over 60,000 VW, Audi vehicles over potentially deadly rollaways
Recalls name over 60,000 Volkswagen Group EVs for faulty displays that could have drivers thinking they're parked, when really they're not.
Volkswagen, Audi Recall 60,000 EVs Over Rollaway Risk
Faulty software could fail to display "N" on the instrument cluster of the Volkswagen ID.4 and Audi Q4 E-Tron. As a result, the EVs are being recalled to fix the issue. Volkswagen Group of America is recalling 60,
Volkswagen recalls more than 60k electric vehicles after spotting major error
More than 60,000 electric vehicles made by Volkswagen have had to be recalled in the United States due to a dangerous display error caused by a software issue
Volkswagen recalls 60K electric cars in US over gear issue
The U.S. National Highway Traffic Safety Administration said on Friday the recalled vehicles fail to display what gear the car is in, which could lead them rolling away if the parking brake is not
2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
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Volkswagen to Recall More Than 60K Vehicles to Fix Display Defect
Volkswagen VWAGY is recalling 60,490 vehicles in the United States due to a defect that prevents the display of the gear position, potentially causing the car to roll away if the parking brake is not engaged.