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Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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theguardian.com
Mercedes-Benz and Porsche flag €800m in combined costs from Trump tariffs – business live
Live, rolling coverage of business, economics and financial markets as German carmakers and Aston Martin detail damage from US trade war
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cnbc.com
Luxury carmakers flag combined costs of $889 million as U.S. tariffs bite
Luxury carmakers Porsche, Mercedes-Benz Group and Aston Martin on Wednesday outlined the extent to which U.S. import tariffs have taken their toll.
