German carmaker Mercedes-Benz wants India’s next government to forge more free trade agreements (FTAs) and reduce trade barriers to help boost luxury car sales in one of the world’s biggest auto markets, its country head said. Prime Minister Narendra Modi, who has built a business friendly image over the last decade, is eyeing a rare … Read more
Tesla founder Elon Musk told tech investors in Paris on Thursday he opposed U.S. tariffs on Chinese electric vehicles (EVs), an about-face from his January warning that trade barriers were needed or China would “demolish most other car companies in the world.” On Thursday, Musk said he did not favour measures that distorted the market. … Read more
Former US president Donald Trump stirred a controversy a few days ago when he said in a campaign speech that he would impose a 100% tariff on cars built in Mexico by Chinese companies for sale in the American market. He said there will be a bloodbath in the American auto market if doesn’t win … Read more
