German industry supplier says US tariffs could cut global car production by millions
The tariff policies of US president Donald Trump are likely to lead to a massive drop in global automobile production, the CEO of German automotive industry supplier Mahle, Arnd Franz, has warned in an article carried by business weekly WirtschaftsWoche. The sweeping tariffs introduced by the Trump administration mean that “at least” 1.5 million fewer cars would be produced in 2025, with the reduction possibly reaching five million units in a worst-case scenario without any working trade agreement being found.
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