#CarManufacturers hashtag - Bluesky

German car manufacturers incurred costs of half a billion euros in April due to tariffs, says VDA "We have roughly estimated that German manufacturers probably incurred additional costs of around half a billion euros in their export business from Germany to the USA in April," Hildegard Mueller told the Funke media group.

9 months ago

Click Subscribe. #GermanCars #CarManufacturers #Tariffs #VDA #AutoIndustry

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10 months ago

Ever seen a car you could park at your desk? The legendary Peel P50 rewrote the rules of "compact" back in 1962.
#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #carguys #carhistory #historyfacts #vintagecars #coolfacts

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10 months ago

Taking celebrations to new heights! UCDA and @napaautoparts.bsky.social joined the amazing winners of the 2024 NAPA UCDA Marketing Program Grand Prize for an exhilarating CN Tower EdgeWalk.
#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars

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11 months ago

This #InternationalDayofFamilies, the UCDA is highlighting vehicle features that make family life smoother on the road!

#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #familytime #momlife #dadlife #parenting #parentingtips #cartech #cartips

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11 months ago

Ever seen a car with motorcycle seating for 9 people? The Italdesign Machimoto wasn't just weird, it was revolutionary.
#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #carguys #cardealers #cardealer #carhistory #historyfacts #vintagecars #coolfacts

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11 months ago

New Theft Prevention Tool Coming Soon 🚨

Thieves are getting smarter with "revining" and "cloning", using legitimate VINs from exported vehicles to mask stolen cars. Learn more: bit.ly/VINUCDA

#UCDA #Automotive #autoindustry #carmanufacturers #auto #cars #CarTech #theftprevention #cartheft

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11 months ago

Protect your car dealership with this simple tip! Don’t take the risk and flip through to check out the disclosure you need to give.

www.ucda.org

#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #carguys #carsales #cardealers

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11 months ago

🔧UCDA Member Alert: Your NAPA Partnership Remains 100% Canadian 🇨🇦 As your annual NAPA rebates arrive, we want to address concerns about recent tariff discussions.
Learn more: bit.ly/napafrontline

#UCDA #Automotive #canadadriving #autoindustry #carmanufacturers #BuyCanadian #AutomotivePartners

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11 months ago

We're proud to be part of Canada's Used Car Week this June 17-18 at Toronto's stunning Westin Harbour Castle!

FREE for UCDA Members call at 416-231-2600 to sign up.

#UCDA #Automotive
#cardealers #canadadriving #autoindustry #carmanufacturers #cardealerships #CanadaEvents #Ontario #UsedCarWeek

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1 year ago

👋A BIG welcome to these new members! Is your car dealership ready to join in? Visit ucda.org to learn more.

#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #leadership #teamwork

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1 year ago

The Gyron wasn't just transportation, it was automotive art.
#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #carguys #cardealers #cardealer #carhistory #historyfacts #vintagecars #coolfacts

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Are We All Asleep ? ▄▀▄▀▄∆▄▀▄▀▄

1 year ago

Yesterday, UCDA’s James Hamilton celebrated our outstanding award student recipients at Georgian College’s special "Gather and Grow" event!

#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #GeorgianCollege #AutomotiveEducation #StudentAchievement #Scholarships

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@are-we-all-asleep.bsky.social

1 year ago

People are just realising what handles in cars are actually used for Car manufacturers have been installing these handles in vehicles for decades - but many people have no idea what they are actually used for Motorists often select a car based on its interior features...

People are just realising what handles in cars are actually used for
#Carmanufacturers #Motorists

opr.news/61d1bd8c2504...

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1 year ago

Big thanks to Chris and Natalie for taking our Executive Director, and many others, on a tour of their state of the art vehicle recycling operation in Fort Erie. Miller's Auto Recycling, proud members of the UCDA!
#UCDA #Automotive
#cardealers #autoindustry #carmanufacturers #auto #cars

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Renault, Nissan agree to new partnership terms 0 © Reuters.FILE PHOTO: A Nissan logo is seen next to a vehicle during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo RENA -2.36% NSANY -4.28% PARIS (Reuters) - Automakers Renault (EPA:RENA) and Nissan (OTC:NSANY) said on Monday they had agreed to further amend their partnership, adding the possibility for each side to reduce their cross-shareholdings to 10%, down from 15% previously. (This story has been corrected to fix the size of Renault’s stake in the Indian business to 49%, not 51%, in paragraph 2) 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. 0 Latest comments

1 year ago

Click Subscribe #Renault #Nissan #AutomotiveIndustry #CarManufacturers #BusinessNews

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1 year ago

🚗 Auto Theft on The Decline: A National Turnaround!
Some positive trends are emerging in Canada's fight against auto theft. bit.ly/FLFAutoRates

#UCDA #Automotive
#cardealers #canadadriving #autoindustry #carmanufacturers #auto #cars #carsales #cardealerships #security #autotheft

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Trump Tells Car Makers Not to Raise Prices. GM and Ford Stocks Slump. - Barron's Trump Tells Car Makers Not to Raise Prices. GM and Ford Stocks Slump. Barron's

1 year ago

Click Subscribe #Trump #CarManufacturers #GM #Ford #StockMarket

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Auto stocks slide as US tariffs spoil profit outlook By Tom Westbrook and Ankur Banerjee SINGAPORE (Reuters) - Worries about throttled global trade and a hit to auto industry profits sent shares of car makers tumbling and drove markets broadly weaker on Thursday after President Donald Trump put a wall of tariffs around the U.S. auto sector. Some $16.5 billion was wiped from transport stocks in Tokyo, according to LSEG data. They also slid in South Korea, and Europe was braced to sell, with the euro at three-week lows and German DAX futures down 0.7%. Toyota (NYSE:TM) fell 2.7%, Honda (NYSE:HMC) 3% and Nissan (OTC:NSANY) 2.2%. Hyundai Motor (OTC:HYMTF) and Kia in South Korea dropped about 4% each. [MKTS/GLOB][.T][.KS] Volkswagen (ETR:VOWG_p), Europe’s top car maker, is in the frame since 43% of its U.S. sales are sourced from Mexico, S&P Global Mobility estimates, and even U.S. marques were down in after-hours trade since their supply chains spread across North America. The tariffs have been well flagged and so some of the losses were limited because of how much had already been priced in and because car ownership is so popular in the United States that investors think consumers will eventually just keep buying. But the signal - hurting allies and car buyers - was nevertheless unsettling for markets which have been slow to accept that the levies may become permanent fixtures and drive lasting changes in world trade flows. The head of Germany’s car industry association said the tariffs are a "fatal signal" for global trade. "It’s hard not to interpret this as anything but a cue for higher prices and lower growth," said Prashant Newnaha, senior Asia-Pacific rates strategist at TD Securities in Singapore. Trump said 25% tariffs on imported cars and light trucks would begin on April 3. Almost half of the 16 million cars sold in the U.S. last year were imported, with a total value exceeding $330 billion, Goldman Sachs analysts said. The investment bank’s analysts expect a hit to sales, before a gradual recovery. But the damage would be enough to put Toyota, Honda, Nissan, Mazda Motor (OTC:MZDAY), Subaru (OTC:FUJHY) and Mitsubishi Motors (OTC:MMTOF) below market consensus profit estimates for the 2026 financial year - with Mazda taking the heaviest hit. Mazda shares sank 6.1% on Thursday. SHAKE UP The new levies could add thousands of dollars to the cost of an average U.S. vehicle purchase and impede production due to the intertwined manufacturing operations developed over decades by car makers across Canada, Mexico and the United States. In U.S. after-hours trade, General Motors (NYSE:GM) tumbled 6%, while shares in Ford fell almost 5%. Shares in Tesla (NASDAQ:TSLA) slipped about 1%, drawing some support since the tariffs add to already punitive levies keeping Chinese electric vehicle makers mostly out of the U.S. market. BYD (SZ:002594), which is leading an overseas push by Chinese automakers, said it has no plans to sell into Canada or the U.S. but will grow global sales and build factories abroad. Its shares rose 2.3% on Thursday for a 53% gain so far this year. Earlier in March, Volkswagen said it was working on back-up plans for how its passenger car brand could tackle U.S. tariffs on imports from Mexico, while BMW (ETR:BMWG) prepared to absorb the cost. Other than automakers’ shares, market moves were muted. Bond markets were steady. The Mexican peso slipped, though only slightly, outside of its usual trading hours, and the Canadian dollar was steady. Investors are waiting for further details of a wider range of tariffs Trump says he will levy on trading partners next week. "I think the big concern is that not only will these tariffs be disruptive and economically harmful, but they indicate that the Trump administration’s shake-up of global trade won’t necessarily end with next week’s announcement," said Kyle Rodda, a market analyst at Capital.com in Melbourne. "This potentially drags out trade uncertainty even longer and raises the question of how radical a change to the global trade order is Trump trying to bring about." Should you invest $2,000 in GM right now? Before you buy stock in GM, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is GM one of them?

1 year ago

Click Subscribe #AutoStocks #Tariffs #USTrade #MarketNews #CarManufacturers

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1 year ago

Thinking of buying a used car? It's important to be aware of potential scams. Swipe through to learn more about curbsiders.
#UCDA #carsafety #canadadriving #autoindustry #carmanufacturers #auto #cars #carguys #carsales #cardealers

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1 year ago

The UCDA is sitting down with OMVIC and auction houses to create wholesale standards that protect YOUR business interests. Swipe to see what your UCDA team is fighting for!

#UCDA #Automotive
#cardealers #canadadriving #autoindustry #carmanufacturers #auto #cars #carsales #cardealerships

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1 year ago

Looking for financing for your car buying customers? 👀 UCDA & National Bank of Canada have you covered! Watch our reel to learn more.
#UCDA #Automotive
#cardealers #canadadriving #autoindustry #carmanufacturers #auto #cars #carfinancing #carlife

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