cupure logo
trumptariffshereshometaxdaytradejobsbillionwork

Tesla sales halve in Europe; markets welcome US delay to EU 50% tariffs – business live

Rolling coverage of the latest economic and financial newsMore car news: Japanese manufacturer Toyota is moving some production of its GR Corolla sports car to Britain.According to Reuters, Toyota will spend around $56m on a dedicated production line at its Burnaston plant in Derbyshire, to produce 10,000 cars annually for export to North America from the middle of 2026.By shifting some production from Japan, Toyota aims to use excess capacity in Britain to help it cut delivery wait times for the car, said the people, who spoke on condition of anonymity.The move was not in reaction to U.S. President Donald Trump’s tariffs on automobile imports, they said. Continue reading...

Comments

Similar News

Business News