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German car manufacturers incurred costs of half a billion euros in April due to tariffs, says VDA

German car manufacturers incurred costs of half a billion euros in April due to tariffs, says VDA

Reuters20-06-2025
BERLIN, June 20 (Reuters) - German car manufacturers are likely to have incurred costs of around half a billion euros in April due to import tariffs imposed by U.S. President Donald Trump, the head of the VDA auto industry lobby group said an interview published on Friday.
"We have roughly estimated that German manufacturers probably incurred additional costs of around half a billion euros in their export business from Germany to the USA in April," Hildegard Mueller told the Funke media group.
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Piastri confident he can win after 'bizarre' Hungarian qualifying
Piastri confident he can win after 'bizarre' Hungarian qualifying

Reuters

time29 minutes ago

  • Reuters

Piastri confident he can win after 'bizarre' Hungarian qualifying

BUDAPEST, Aug 2 (Reuters) - McLaren's Formula One leader Oscar Piastri was confident he could win from second place on the starting grid after a 'bizarre and somewhat frustrating' Hungarian Grand Prix qualifying on Saturday. The Australian will line up alongside Ferrari's pole-sitter Charles Leclerc at the Hungaroring on Sunday with title rival and teammate Lando Norris in third place. "Pretty confident," Piastri, 16 points clear of Norris, said of his chances of taking a seventh win from 14 races. "It was good last year, so hopefully it can be good again this year." Piastri started second last year, with Norris on pole, and went on to take the first win of his F1 career. Sunday's race could see some rain, which could make things tricky on a twisty circuit where overtaking is already difficult and strategy can be crucial. McLaren were fastest in all three practice sessions but Leclerc made the most of the conditions to seize a surprise advantage. "If you're sat where Charles is, fantastic. If you're sat where I'm sat, bizarre and somewhat frustrating," he said when asked to sum up the session. "I think the conditions completely changed, and it was just weird. "I think our pace has been good, but Charles has been quick all weekend, in certain sessions," added the Australian. "It is a very difficult track to overtake on, and it's not going to be the easiest place to try and regain the lead." Norris, winner of four races so far this campaign, agreed with his teammate. "I think we always have, at least in the race, a bit more of an advantage. But our main competitor over the last four, five races has been Charles and it's been the Ferrari," said the Briton. "So, if there was anyone else that's going to be on pole today, it was going to be Charles. And if there's anyone that's going to make our life tough tomorrow, it's going to be the same guy."

I'm just useless, says Hamilton after team-mate's pole
I'm just useless, says Hamilton after team-mate's pole

BBC News

time29 minutes ago

  • BBC News

I'm just useless, says Hamilton after team-mate's pole

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Republicans tell Trump to ‘grow up' after he sacks data chief
Republicans tell Trump to ‘grow up' after he sacks data chief

Telegraph

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  • Telegraph

Republicans tell Trump to ‘grow up' after he sacks data chief

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