MUNICH -- BMW and Mercedes-Benz maker Daimler face a double whammy of trade risks in an intensifying spat between the European Union and the U.S. Both automakers ship significant numbers of vehicles from the EU, and also export from U.S. plants.
MUNICH -- BMW and Mercedes-Benz maker Daimler face a double whammy of trade risks in an intensifying spat between the European Union and the U.S. Both automakers ship significant numbers of vehicles from the EU, and also export from U.S. plants.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.