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Showing posts with label Automobile Industry. Show all posts
Showing posts with label Automobile Industry. Show all posts

Sunday, May 23, 2021

EU Automobile Industry:New battery-electric vehicles take 5.7% share in Europe in Q1; hybrids 18.4%, gasoline 42.2% , diesel 23.2%

Italy's entry, glam rock band Maneskin, won the Eurovision song contest, as the world's most popular live music event was held in the Netherlands after being canceled last year due to the coronavirus pandemic.

The Italian's raucous "Zitti E Buoni" beat out professional jury favourites Switzerland and France, sweeping the public vote which counts for half the points. Victoria de Angelis of Maneskin told a press conference the win was an important boost for Italy, one of the European countries worst hit by COVID-19.

Read more at: Italy's raucous glam rock takes Eurovision by storm | Reuters

Sunday, June 24, 2018

EU-US Relations: Trump Tariffs: EU to respond to any U.S. auto tariff move: by Mathieu Rosemain

The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.

U.S. President Donald Trump on Friday threatened to impose a 20 percent tariff on all imports of EU-assembled cars, a month after his administration launched an investigation into whether auto imports posed a national security threat.

“If they decide to raise their import tariffs, we’ll have no choice, again, but to react,” EU Commission Vice President Jyrki Katainen told French newspaper Le Monde.

“We don’t want to fight (over trade) in public via Twitter. We should end the escalation,” he said in the comments published on Saturday.

Trump told carmakers at a meeting in the White House on May 11 that he was planning to impose tariffs of 20 or 25 percent on some imported vehicles and sharply criticized Germany’s automotive trade surplus with the United States.

Note EU-Digest: Come on EU Commission, take your gloves off, and hit Trump where it hurts: medical equipment and supplies, weapons industry, NATO.

Read more: EU to respond to any U.S. auto tariff move: report | Reuters