GM spelled out the plunge by saying the tariffs – only introduced by President Trump in April – had led to a $1.1 billion ($A1.68b) hit in the second quarter. Profits for Q2 plunged 45 per cent at ...

BMW AG, Mercedes-Benz Group AG and other European automakers are getting a €4 billion ($4.7 billion) earnings lift from the ...

Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.

The struggling sector remains concerned over long-term impact as 15% tariff far exceeds previous baseline rate of 2.5%.

Of all products imported into the U.S. from the European Union, pharmaceuticals make up the lion’s share at 25.1%, and with ...

The U.S. and Europe have a new trade deal that includes 15% import tariffs on many European goods, including cars. That is good news for the European auto industry, but investors didn’t react happily ...

U.S. trade deal boosts U.S. LNG suppliers, with the EU committing to $750 billion in purchases over three years—making LNG ...

Now, the company expects full-year revenue between 65 billion euros and 70 billion euros ($76 billion and $82 billion) with ...

German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...

European stocks fell on Monday as the news of a trade deal between the EU and US fell flat, with early gain fully erasedby the close of play.

European stocks retreated as lingering concerns that higher levies would crimp corporate earnings replaced optimism around a US trade deal.Most Read from BloombergCan This Bridge Ease the Troubled ...

European automakers, now facing the reality of 15 per cent tariffs on their exports to the US, dropped throughout the session ...