The US Department of Defense is in discussions with the nation’s leading automakers to accelerate munitions production and broaden the defense industrial base, according to reports....
Leading European car manufacturers Volkswagen (VW) and Mercedes-Benz reported sharp drops of around 40% in their profits in the first quarter of 2025. According to Der...
The 25% tariff on steel and aluminum products imposed by US President Donald Trump’s administration on Wednesday is expected to create upward pressure on prices for...
