Volkswagen Group CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the automaker than traditional rivals such as Toyota.
Volkswagen Group CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the automaker than traditional rivals such as Toyota.
President Donald Trump’s global tariffs were deemed illegal and blocked by the U.S. trade court, dealing a major blow to a pillar of the Republican’s economic agenda. But the ruling doesn't impact automotive import tariffs.