auto industry - Latest news GMK Center

The Company is assessing the medium- and long-term impact of the duties and the options available

The tariffs are to enter into force on April 3

The main criticism of the Clean Industrial Deal is the lack of specifics

The company's measures are aimed at reducing costs by more than €150 million

The reduction will be approximately $101/t

Company expands cooperation with low-carbon steel producers to reduce CO2

The automotive industry will recover slowly due to economic uncertainty and problems with electric vehicles

The indicators remained at the level of 2023, but at the end of the year a downward trend was recorded

The group confirmed its intention to expand its industrial plan in the country

The company explains this by the pressure of growing competition and weaker than expected sales of electric vehicles

European automakers face high production costs and fierce competition

In this way, the company seeks to maintain competitiveness