UK manufacturers are bracing for a fresh trade shock as President Donald Trump imposes a 10% tariff on European imports. The move threatens Britain’s auto sector, raises export costs, and revives fears of a wider transatlantic trade dispute impacting jobs and growth.


UK auto sector braces for trade shock 

Chinese demand for foreign luxury cars is weakening as buyers turn away from big-ticket purchases amid a slowing economy. 

Chinese Buyers Cut Back on Big-Ticket Auto Spending

Manufacturers led by BYD and SAIC Motor’s MG brand captured more than 9 per cent of Europe’s hybrid and electric vehicle market, the highest levels ever recorded for Chinese companies. 

Chinese carmakers hit record hybrid market share in Europe

Tesla, once the dominant EV force in Europe, registered a steep decline of 49 per cent year-on-year. Though the margin between the two is narrow, analysts say the implications are far-reaching.

BYD overtakes Tesla in Europe EV sales for the first time

The deal, subject to regulatory clearances, will see Bajaj Auto shift from a dormant minority stakeholder to the majority owner of KTM through its Netherlands-based subsidiary, Bajaj Auto International Holdings BV.

Bajaj Auto to acquire majority stake in KTM with €800 million revival package

Auto stocks fell on Thursday as the US is pushing ahead with some harsh tariffs on automakers and threatened more sweeping trade taxes, reinforcing investor concern about the hit to global economic growth. Asian shares skidded with Wall Street after Trump's announcement. Shares in Japan's biggest car companies fell. Stocks of Japanese automakers Toyota, Nissan, Mitsubishi Motors, and South Korea's Hyundai fell by over 3%.

Trump's 25% auto import tax triggers trade war fears

The AutoExpo 2025, now part of the Bharat Mobility Global Expo, has commenced today in New Delhi, promising to be the most extensive display of automotive innovation.

AutoExpo 2025: India's biggest motor event kicks off today! Check out the brands showcasing new vehicles this year

Several car factories in Europe and North America face imminent closure or sale this year. This comes as automakers grapple with overcapacity and intense price competition. According to a Gartner report, automakers are expected to cut production capacity on both continents by 2025, driven by tightening emissions targets and tariff challenges. Watch in for more details!

Auto giants face factory shutdowns

Gartner: Auto brands to cut production capacity by 2025

Indian small towns go big on auto financing

Europe faces a reality check as its weak auto market is set to face more closures. In their latest move, Audi takes the centre stage as the firm is considering closing the Brussels plant. Analysts says this move is indicates the troubles afflicting Europe's wider electric car industry amid low demand and competition from China.

Audi: More than 3,000 jobs at risk in Europe

Auto sales decline in August for second consecutive month

Indian auto component industry clocked 9.8% growth in FY24 at INR 6.14 lakh crore

BMW to recall over 290,000 faulty vehicles in US over safety concerns

Cubans increasingly adopt electric vehicles for transportation

Ford will no longer build electric vehicles at its Canada facility

Honda Motor announces secondary share sale valued at USD 3.16 billion

Royal Enfield launches Guerrilla 450 modern Roadster at INR 2.39 lakh

Portronics unveils portable tyre inflator for two and four-wheelers

BYD India launches three all-new variants of Atto 3 SUV

Stellantis launches Free2move Charge to support electric vehicle transition

EVs offer significant long-term savings across most US states: Study

UAW considering next steps on worries Trump could beat Biden

Latest Opel LCVs get extensive Advanced Driver Assistance Systems

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