Car Market Is 'in a Difficult Place' Says Automotive Expert Amid JLR Sales Drop

Car market is 'in a difficult place' says automotive expert amid JLR sales drop

US Tariffs and a wind down of legacy models are behind the slump but it's not all doom and gloom

VW Global Sales Slow as US Tariffs Hit North America

Volkswagen AG’s global car sales growth slowed in the second quarter, as the US import tariffs introduced by the Trump administration weighed on European auto makers.

Tariffs Destroy Consumer Choice - LewRockwell

Retail sales were down for May with the AP reporting, “The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump’s 25% duty on imported cars and car parts. Excluding autos, sales fell 0.3% in May.” This is no surprise to my wife. In a recent visit to her favorite luxury import car dealer, she was told, “Germany hasn’t sent us any cars in six months. We have no inventory.” …

JLR Q1 sales dip as US tariffs hit exports

Jaguar Land Rover (JLR) reported a 10.7 per cent drop in sales for the April–June quarter, as a temporary pause in shipments to the United States and the phase-out of Jaguar’s legacy models weighed on volumes. The company, owned by India’s Tata Motors, sold 87,286 units to dealers worldwide during the quarter, compared to 97,755 units in the same period last year.Retail sales dropped 15.1 per cent in the three months to the end of June, JLR said…

US tariffs set to slow global economy and insurance premium growth: Swiss Re Institute

US tariff policy reduces trade and heightens uncertainty, decelerating both economic and insurance premium growth around the world, a recent Swiss Re report has revealed. While current economic data may not yet fully reflect it, consumers and firms have likely already begun to reduce spending and investments due to existing uncertainty, analysts state. Swiss Re Institute’s World Insurance sigma projects a slowdown in global GDP growth (inflation…