US EditionToyota Proposes Selling U.S. Cars in Japan to Support Tariff Talks
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8 Articles
Toyota proposes selling U.S. cars in Japan to support tariff talks
Toyota Motor Corp has proposed to the government that it sell U.S.-made cars in Japan through its domestic dealership network, the company said in an online video. The proposal is intended to support Japan's trade negotiations with the United States over President Donald Trump's tariffs. Observers said increased imports of…
According to a report, Porsche should consider the relocation of parts of the final assembly abroad. What does the automaker himself say about this?
Excessive capacity, too little demand, and the sword of Damocles: US tariffs: Germany's automotive industry is on a difficult path. The result is job cuts, plant closures, production relocations, and declining profits for manufacturers and suppliers. And this is likely to continue for some time: "Germany's flagship industry has not yet bottomed out," says Jens Stobbe, Manager Risk Services at the international credit insurer Atradius. After risi…
Porsche has no plans to shift production to US: report
Porsche has no plans to shift any part of its production process to the US, Reuters reports, citing a spokesperson. This comes after a report saying the company was considering such a move in the light of president Donald Trump’s tariffs. As Porsche does not make vehicles in the US, it is heavily exposed to the tariffs. At the same time, it is facing various challenges including slowing demand – particularly for its EVs – and stiff competition i…
Porsche denies U.S. production shift amid tariff concerns
Porsche has rejected reports suggesting it plans to move part of its vehicle production to the United States, pushing back on claims the automaker is seeking to mitigate potential tariff impacts. A spokesperson for the German luxury carmaker dismissed a Bloomberg report that CEO Oliver Blume was weighing whether to shift the final stages of assembly, such as fitting interiors or tires, to the U.S. Bloomberg cited unnamed sources in its report, s…
Porsche Denies U.S. Production Shift Amid Tariff Concerns
Porsche said it has no intention of relocating any part of its vehicle production process to the United States, dismissing a media report suggesting the company was exploring such a move in response to rising tariff risks. The German luxury automaker, which does not currently manufacture any vehicles in the U.S., is particularly exposed to [...] The post Porsche Denies U.S. Production Shift Amid Tariff Concerns appeared first on EVMagz.
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