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Europe’s auto industry is preparing for production disruption within days because of China’s export restrictions on semiconductors made by Nexperia. The U.S. is likely to be affected too.

Stellantis reaffirmed its commitment to its Italian manufacturing operations, making a pledge to hire 400 additional workers to bolster production at its Mirafiori plant in Turin.

Every one of the countries identified by the U.S. Department of Commerce Foreign Trade Division as a top supplier by export value of trucks to the U.S. warned the agency against the levies.

President Donald Trump’s new tariffs on pharmaceutical imports will not apply to countries with negotiated agreements with the U.S. that contain provisions on drugs.

Stellantis NV will temporarily halt production at some of its plants in Europe amid lagging demand for models including the Alfa Romeo Tonale sport utility vehicle.

Porsche and parent Volkswagen cut their outlook for the year, citing the sports-car maker taking a $2.2 billion hit to operating profit linked to pushing back the introduction of new EVs.

European car executives walked a fine line at the recent Munich auto show by touting how swell their new EVs are while warning Brussels that they can’t possibly sell only EVs by 2035.

Aluminum producers in Quebec are diverting more of the metal used to make cans and car parts to Europe as rising U.S. tariffs make their shipments more expensive for American customers.

The world’s two largest economies have yet to reach a trade deal, and manufacturers in China have been seeking alternative markets for their goods as they brace for higher U.S. tariffs.

Tesla’s worldwide vehicle deliveries fell 13% in the first half of the year, putting the company on course for its second consecutive annual decline.