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A general look at the production lines at the Mercedes-Benz plant on June 4, 2025 in Rostat, Germany.
Florian Wigand | Getty Images | Gets the image
US president Donald Trump Saying hello A frame trading agreement With the European Union as the biggest trading transaction, which, when -was done, the one that promises to be “great for cars”.
An agreement that on Sunday between the US and the EU means that the Trump administration will impose a 15% blanket tariff for most EU goods.
This is a significant decrease from Trump danger The introduction of the fee for 30% since August 1 and almost halved the existing tariff rate in a car show in Europe with 27.5%.
Group groups, greeting the trade transaction, expressed deep concern about the costs related to the new tariff reality.
Sitting near the US President in Scotland on Sunday, the President of the European Commission Ursul von der Leyen called the agreement as a “good cause” after tough negotiations.
The German Automobile Industry Association (VDA) stated that the US and the EU were able to provide a transatlantic trade dispute on Monday.
“The decisive factor will be how the agreement will be built in a specific plan and how secure it is,” VDA President Hildgard Mueller said in a statement.
“However, it is also clear that the US 15 percent tariff will cost German car companies annually and put the burden on their transformation,” Mueller said.
Along with the call to provide a car supply network to receive the necessary support, VDA has also pushed the EU to make a framework for investors and companies internationally ”to become more attractive and relevant as an investment place.”
“Significant burden”
The European Association of Car Manufacturers, an industry lobby, said on Monday that the US-EU trade agreement is an important step to mitigate “intense uncertainty”, fundamental development in principle.
“However, the United States will retain higher cars and car details, and it will still have a negative impact not only for the EU industry but also in the US,” Acea Sigrid De Vries said in a statement.
ACEA has stated that it is careful to study the details of the agreement that still needs to be clarified.
A car on the Citroen C5 C5 Aircross Production Line at a Stellantis car plant in Chartres-de Bretan, near Ren, Western France, July 3, 2025.
Demien Meyer | AFP | Gets the image
Rico Luman, Senior Economist of the Transport and Logistics Sector in the Dutch Bank of Ing, said the new 15% tariff level exported from the EU in the US is obviously much better than 27.5% – but it still reflects a “significant load” for auto -producers.
“The margins are under pressure on the multi-storey market market, and the bill cannot be fully transferred to customers without losses,” Luman CNBC said.
The earnings season in the second quarter showed that cars are already fighting the tariff impact, Luman said, noting that in the coming months it takes more.
“The weakened dollar also makes us import more expensive and complicating things. That is why global car manufacturers are looking for ways to adjust production tracks in current facilities,” he added.
Winners and lost?
The Autos Index Stoxx European Index cited profits during the early morning transactions, increasing 1.6%before solving almost all its income.
Supplier of French cars Valeo 4% higher at 10:25 am in London (5:25 am et), with luxury Italian manufacturers Ferrari up to 0.9%. Germany Bmw. Volkswagen and Group Mercedes-BenzHowever, everyone decreased by more than 1.2%.
Rela Suskin, Analyst Morningstar shares, said the US-EU transaction would probably benefit EU automakers that have a great deal of importing from Europe.
“We believe that Porsche, Mercedes, BMW and Volkswagen are the most significant beneficiaries of this trading transaction, with a greater share of imports from Europe against Mexico and/ or Canada,” Suskin said.
“Stellantis imports the unambiguous share of its volumes from the EU for sale in the US, and thus should not see significant up,” she added.
