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Cars like the iconic VW Beetle and Fiat 500 will never again be sold in the US after next year as companies pivot to SUVs and crossovers.
The auto industry is shrinking as the world reaches ‘peak car’ — and it’s dragging down the entire global economy
The automotive sector represented 20% of GDP slowdown in 2018, according to the International Monetary Fund's latest World Economic Outlook report.
"The longer it lasts, the more it will be felt in GM's earnings profile," Credit Suisse analyst Dan Levy wrote in a client note.
Brexit reduced UK car production by 45%, showcasing the costs and unintended consequences of new trade barriers
Carmakers timed annual stoppages to coincide with the Brexit deadline, which was ultimately extended. Their challenges show the pain of trade wars.
Fiat Chrysler proposes huge $37 billion merger with Renault that would create the world’s 3rd-largest automaker
Fiat Chrysler has opened merger talks with its fellow carmaker Renault, a move with significant implications for the global auto industry.
One of the world's largest car-making pacts could become even larger. Renault is reportedly planning to merge with Nissan, then buy Fiat-Chrysler.
"This decision is not related to Brexit," Takahiro Hachigo, Honda’s chief executive, said a news conference in Tokyo.
The largest ever bilateral trade deal kicks in on Friday, eliminating almost all tariffs between economies that make up about a third of global GDP.
Global markets are tumbling after shockingly weak data out of China shows wounds of Trump’s trade war
Fear has taken hold in equity markets after China's industrial production plummeted, sparking a sell-off that spread globally.
Europe's economic powerhouse is being hit by a cocktail of global issues — a trade war, Brexit, Italy — casting doubts on future growth.