Thu, April 17, 2025
[ Thu, Apr 17th ]: BBC
West Midlands mayor welcomes arrival of new electric bus fleet
[ Thu, Apr 17th ]: Insider
Tesla owners are offloading their cars in droves
[ Thu, Apr 17th ]: WBAY
Things to know for the 2025 NFL Draft: Schedules, tickets, security, transportation
[ Thu, Apr 17th ]: Oregonian
State discovers errors in key study that determin .. for trucks versus cars to maintain Oregon's roads
[ Thu, Apr 17th ]: WGME
A one-stop automotive hub in Augusta
[ Thu, Apr 17th ]: Reuters
Forvia on track to mitigate full exposure to US tariffs, CEO says
[ Thu, Apr 17th ]: WMUR
Loaded gun detected in carry-on bag at New Hampshire airport, TSA says
[ Thu, Apr 17th ]: WJHG
PCB set to have a transportation study for future modern transit methods
[ Thu, Apr 17th ]: LancasterOnline
REGISTRATION OF FOREIGN CORPORATION: NOTICE IS HEREBY GIVEN W. Glenn Sedam, Inc. FILED ARTICLES OF
Wed, April 16, 2025
[ Wed, Apr 16th ]: montanarightnow
Joint resolution asks for interim public transportation study into trains, buses, air traffic
[ Wed, Apr 16th ]: LancasterOnline
ARTICLES OF INCORPORATION A notice is hereby give .. that a business corporation has been incorporated
[ Wed, Apr 16th ]: OPB
3 Pacific Northwest bridges listed in transportation vulnerability report
[ Wed, Apr 16th ]: MLive
Jackson opens door for e-scooters as downtown transportation
[ Wed, Apr 16th ]: Reuters
Ford Motor may hike prices in May if Trump's auto tariffs persist, Automotive News reports
[ Wed, Apr 16th ]: MyNewsLA
California Transportation Commission Approves $10M for Coastal Rail - MyNewsLA.com
[ Wed, Apr 16th ]: WGME
Portland Auto Matters | News, Weather, Sports, Breaking News
[ Wed, Apr 16th ]: news4sanantonio
San Antonio Auto Matters | News, Weather, Sports, Breaking News
[ Wed, Apr 16th ]: abc13
Transportation secretary cuts planned $64 million grant for Houston-Dallas high-speed rail
[ Wed, Apr 16th ]: ThePrint
Expand private e-bus operators in city transport, other towns: Adityanath to officials
[ Wed, Apr 16th ]: rnz
Transport watchdog reveals cause of 2023 Mount Pirongia rescue helicopter crash
[ Wed, Apr 16th ]: WAVY
$7 billion in public transportation outlined in V .. ublic Transportation Six-Year Improvement Program
[ Wed, Apr 16th ]: Investopedia
White House Likely to Leave Out Cars, Chips Tariffs on April 2, Report Says
[ Wed, Apr 16th ]: NDTV
"Cheap Stunts": Farooq Abdullah On Ex-RAW Chief's Article 370 Claim
[ Wed, Apr 16th ]: BroBible
This Article Is Only For Millennials So Everyone Else Please Ignore
[ Wed, Apr 16th ]: wjla
Arlington Auto Matters | News, Weather, Sports, Breaking News
[ Wed, Apr 16th ]: CNBC
Scale AI working with Qatar to develop AI agents for education, health care and transportation
Tue, April 15, 2025
[ Tue, Apr 15th ]: ThePrint
Grade-A Industrial Spaces Developer OneAlpha Launched in Chennai with New Oragadam Project
[ Tue, Apr 15th ]: Jalopnik
This Hundred-Year-Old New York Times Article Abou .. le Deaths Is Still Accurate And Goes Hard As Hell
[ Tue, Apr 15th ]: WGNO
Transportation Security Administration intercepts 28 firearms at New Orleans airport by April 2025
[ Tue, Apr 15th ]: WGME
Portland Inside Maine's Best: Automotive | News, Weather, Sports, Breaking News
[ Tue, Apr 15th ]: Patch
Are Flying Cars The Answer To The Bay Area's Transportation Issues?
[ Tue, Apr 15th ]: Newsweek
Future of autos not going as expected, but there are signs of progress
[ Tue, Apr 15th ]: PBS
NJ Spotlight News | Efforts to stop stolen autos being shipped from Port Newark | Season 2023
[ Tue, Apr 15th ]: SlashGear
What Is CAFE And How Does It Push Automakers To Improve Fuel Efficiency? - SlashGear
[ Tue, Apr 15th ]: WHIO
Partially automated semis to travel along I-70 between Ohio, Indiana this year
[ Tue, Apr 15th ]: Fortune
Trump tariffs could prove nearly as harmful to U. .. collapse and COVID outbreak, warn S&P forecasters
[ Tue, Apr 15th ]: KUTV
Salt Lake City Auto Matters | News, Weather, Sports, Breaking News
[ Tue, Apr 15th ]: WKBN
Partially autonomous semi load traveling in Ohio
Sun, April 13, 2025
[ Sun, Apr 13th ]: MotorTrend
How Trump's Tariffs Are Impacting Cars, Costs, and Customers
Fri, April 11, 2025
[ Fri, Apr 11th ]: Reuters
GM to halt EV van production in Ontario to adjust for market demand
[ Fri, Apr 11th ]: CNN
Car prices will go up. Taking the train or a bus looks like a bargain
[ Fri, Apr 11th ]: Forbes
Trump Imposes 25% Tariff On Autos: The Immediate Impact Is Negligible
Thu, April 10, 2025
[ Thu, Apr 10th ]: CNN
Red states could benefit as Trump's transportatio .. ioritizes funds based on birth and marriage rates
[ Thu, Apr 10th ]: Reuters
South Africa considering auto industry incentives as tariff buffer
[ Thu, Apr 10th ]: Forbes
Auto Suppliers Can't Make Sense Of Tariffs 'Moving Target'
[ Thu, Apr 10th ]: FleetOwner
How Trump tariffs are impacting trucking
Wed, April 9, 2025
[ Wed, Apr 09th ]: Forbes
CES 2025: Exploring The Future Of Driving And What It Means For Leaders
[ Wed, Apr 09th ]: Reuters
Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups

Auto suppliers Novares, Valeo demand upfront payment to cover tariff cost

  Copy link into your clipboard //automotive-transportation.news-articles.net/co .. demand-upfront-payment-to-cover-tariff-cost.html
  Print publication without navigation Published in Automotive and Transportation on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
French automotive suppliers Novares and Valeo are asking customers to cover the full cost of new U.S. duties upfront, company executives said, underlining the hit to global carmakers from President Donald Trump's tariffs on car imports.
Auto suppliers Novares and Valeo are requesting upfront payments from their customers to cover the costs of new European Union tariffs on Chinese electric vehicles (EVs), set to begin in July 2024. These tariffs, which could reach up to 38.1%, are prompting suppliers to seek compensation for the increased costs of components like batteries and electric motors, which are primarily sourced from China. Novares has already approached its clients, including Stellantis, about these additional costs, while Valeo is also in discussions with its customers. The situation is complicated by the fact that some automakers are considering passing these costs onto consumers, while others are looking into alternative sourcing strategies to mitigate the impact of the tariffs.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/auto-suppliers-novares-valeo-demand-upfront-payment-cover-tariff-cost-2025-04-10/ ]