VW Group: Volume Brands Profit Up 38%, Luxury Down 22%
Volkswagen Group announced a 38% profit increase for its volume brands in Q1 2026, but its sport-luxury division (Audi, Porsche, Lamborghini, Bentley)…
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tariffs
US Democrats Seek Trump’s Help on Chinese Car Tariffs
In an unusual bipartisan move, Democratic lawmakers have called on former President Donald Trump to impose tariffs on Chinese vehicles, citing a…
Geely to Enter US via Volvo Plant, Bypassing 100% Tariffs
Chinese automaker Geely plans to enter the US market within 2-3 years by assembling vehicles at Volvo's plant in Ridgeville, South Carolina,…
US Used Cars Under $15K Nearly Extinct: Tariffs Bite
Finding a decent used car for under $15,000 in the US has become nearly impossible, according to a new CarBuzz report. Tariffs…