European car manufacturers reported losses of over 8 billion euros due to the trade tariffs imposed by the USA.

The European automotive industry has accumulated losses of over 8 billion euros due to the trade tariffs imposed by the Trump administration, according to estimates from executives at Volkswagen, BMW, Mercedes-Benz, Stellantis, and Volvo Cars.

Import tariffs on European vehicles were raised from 2.5% to 27.5% in April 2025, and later reduced to 15% after a trade agreement. However, the negative effects persist, with Volkswagen estimating costs of 4 billion euros for this year. Concerns have increased following Trump's recent threats of a 25% tax on European cars. Companies are facing additional challenges, including competition from China and the transition to electric vehicles. Volkswagen reported the largest losses, followed by BMW, Mercedes-Benz, and Stellantis.

Analysts warn that new tariffs could generate significant additional costs, affecting demand and sales.

Audi is exploring the possibility of building a factory in the U.S. to avoid tariffs, while BMW hopes for favorable conditions in negotiations with Washington.