Automakers

What a Trump or Harris presidency would mean for European automakers

Portraits of Kamala Harris and Donald Trump side by side.
Green policies by Kamala Harris could help European automakers sell more EVs in the U.S. Donald Trump's protectionist trade policies could encourage more investment in U.S. production. (BLOOMBERG)
October 08, 2024 06:43 AM

The outcome of the U.S. presidential election on Nov. 5 could determine the pace of the transition to electric vehicles in the United States as well as whether foreign automakers face new tariffs — both of which would affect European brands including BMW, Mercedes-Benz, Volkswagen Group and Volvo that are heavily invested in the U.S. and electrification.

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