Tag Archives: MBG

Auto giants Porsche and MBG flag combined tariff costs of $889 million

Auto giants Porsche and MBG flag combined tariff costs of 9 million

Key Points Luxury carmakers Porsche, Mercedes-Benz Group and Aston Martin on Wednesday each outlined the extent to which U.S. import tariffs have taken their toll. Collectively, the carmakers warned of combined costs exceeding 770 million euros ($889 million). “This is not a storm that will pass,” Oliver Blume, chairman of the executive board of Porsche, said in a statement. Luxury …

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