Automotive News reports automakers eager to adopt a direct sales model in European markets have abandoned those plans as obstacles — including dealer opposition — have proven insurmountable. +
Descartes Datamyne reports the number of vehicles shipped to the United States by sea fell by 9% in May compared with the same month a year ago as new tariffs take effect. +
The United States and the United Kingdom have agreed to a new trade deal that will lower U.S. import taxes on up to 100,000 U.K.-built vehicles per year from 25% to 10%. +