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Automotive: Page 19

Daimler Truck Warns of Low U.S. Orders Due to Trade Policy Turmoil
Chief financial officer Eva Scherer said logistics companies have cut back on truck purchases amid a drop in shipments of tariff-hit goods such as steel and aluminum.
Haulage trucks loaded onto a train outside the Daimler AG truck factory in Woerth, Germany. Photographer: Alex Kraus/Bloomberg
Mercedes Car Sales Drop as Tariffs Crimp Demand in U.S., China
Mercedes’ global car sales fell 9% to 453,700 units from a year earlier, the German company said on July 7.
An employee fits a Mercedes-Benz AG star badge in Bremen, Germany. Photo: Bloomberg
BYD Shelves Plans to Build Major Mexico Car Plant Over Trump’s Trade War
The company remains interested in expanding in the Americas but has no timeline to make a new investment, BYD executive vice president Stella Li said.
Fatal for the competition? Photo: iStock/Robert Way
Trump’s Tariffs Come with an $82B Bill, Says JPMorganChase
The analysis is among the first to measure the direct costs created by the import taxes on employers with $10 million to $1 billion in annual revenue.
Image: iStock/Douglas Rissing
Trump Announces Vietnam Trade Deal with 20% Import Tariff
Some U.S. officials wanted to calibrate tariffs for Vietnam to ensure they’re sufficiently lower than what’s imposed on China, to encourage production to leave that country.
Vietnamese women working in silk factory, Dalat, Vietnam. Photo: iStock/fototrav
Tesla’s China Shipments Rise in June for First Time in 2025
While modest, the year-on-year increase may signal a turning point for the electric vehicle pioneer in China, where it’s navigating a relentless price war.
Tesla plant, Shanghai, China. Photo: Bloomberg
AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers
Demand-sensing is important, and is much improved by AI. But pricing and inventory modeling are important too.
Which one will sell, and at what price? AI can help. Photo: iStock/South_agency
U.S. Auto Sales Lose Steam After Tariff-Induced Shopping Spree
After declining for much of last year, auto prices are on the rise again.
Customers at a dealership in Richmond, California. Photographer: David Paul Morris/Bloomberg
Ford Forced to Idle Multiple U.S. Plants Over China Magnet Shortage
Ford CEO Jim Farley said the situation demonstrates the need to develop a domestic supply chain for critical auto components.
Photo: iStock / BalkansCat
Tesla Set to Open India Showrooms in July With Made-in-China EVs
Five Model Y vehicles have already arrived in Mumbai from Tesla’s Shanghai factory, according to documents reviewed by Bloomberg News.
A Tesla store in Colma, California. Photographer: David Paul Morris/Bloomberg
UAW President Retaliated Against Union Officer in Funds Feud
Barofsky’s oversight of the UAW’s compliance and governance practices stems from a lengthy corruption scandal involving misuse of union funds that sent two past presidents to prison.
President of the United Auto Workers Shawn Fain. Photographer: David Paul Morris/Bloomberg
VW’s Scout Is Rethinking EV Designs to Cut Rare Earths, CEO Says
Automakers have expressed concern about the availability of rare earths.
Photo: iStock.com/RHJ
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