US EditionRoundup: Audi Profit Slumps as U.S. Tariffs Squeeze German Auto Giants
15 Articles
15 Articles
The car manufacturer Audi recorded a break in profits of over 37 percent in the first half of the year.
US tariffs are burdening Audi's business, but America is not the only problem for the car maker. The consequence: profit is shrinking.
For the third time in a row, a lower half-yearly profit: Volkswagen subsidiary Audi is struggling with Trump's tariffs and a weak China business.
Audi is under pressure: US tariffs, corporate conversion costs and weak business in China are burdening the automaker. For the third time in a row, the first half of the year has been significantly worse than before - this is also reflected in the forecast.
Trump’s tariffs to cost German car giants over €10bn – study - The Press United
The EU nation’s automotive industry has already been battered by rising costs and falling demand Germany’s leading carmakers are set to lose over €10 billion ($11.6 billion) in cash flow this year due to US trade tariffs, according to a study cited by the Financial Times. The industry is already contending with soaring energy costs, […] The post Trump’s tariffs to cost German car giants over €10bn – study appeared first on The Press United | Int…
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
