European OEMs to save EUR 500-600 million monthly with 15% U.S. tariffs
On September 25, European Trade Commissioner Maros Sefcovic said that automotive OEMs will save around EUR 500-600 million (USD 585-700 million) per month, dating back to August 1, as a result of the Trump administration implementing its trade deal with the European Union.
Sefcovic was referring to the deal establish