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News Wire / economy

European Automakers Shift Production To US Amid Trade Tensions

developing VRT Radio 1 Brussels 11d Impact 7
European automakers are increasing production in the American market to avoid potential tariffs. This shift is driven by the export volume to the US and the current threat of American tariff increases.

Topics

automotive industry trade tariffs production shift

Developing

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Sources · 7 independent

VRT Radio 1

“De Europese autosector heeft het al zo moeilijk. Nu, die Europese autobouwers kunnen die tarieven eventueel vermijden door te gaan produceren in Amerika.”

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