Germany’s car association cuts 2021 sales growth forecast – Reuters
Germany’s automotive industry association on Wednesday cut its growth forecast for 2021 car sales in Europe’s biggest economy to 3% from 8% citing production hurdles posed by semiconductor shortages.
U.S. releases confidential Trump report on foreign auto threat – Reuters
The U.S. Commerce Department on Tuesday released a confidential Trump administration report that was the basis for the former president’s threats in 2019 to impose tariffs on imported automobiles on grounds of national security.