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BMW among 10 car manufacturers fined £77m for their part in collusion scandal

The Business Desk 03 Apr 2025
Two trade associations – the European Automobile Manufacturers’ Association (ACEA) and the Society of Motor Manufacturers and Traders (SMMT) – were also involved in both illegal agreements.
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Vehicle makers may ‘review output’ because of US tariffs, industry says

AOL 03 Apr 2025
Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), described the US president’s announcement as “deeply disappointing and potentially damaging” ... Mr Hawes said ... .
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Roundup: UK industries voice concern over U.S. tariffs on imports

China.dot.org 03 Apr 2025
Nobody wants a trade war," he said ... consumer and economy too." ... "These tariff costs cannot be absorbed by manufacturers," said Mike Hawes, chief executive officer of the Society of Motor Manufacturers and Traders, warning of higher costs for U.S.
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UK industries voice concern over U.S. tariffs on imports

People Daily 03 Apr 2025
Nobody wants a trade war," he said ... consumer and economy too." ... "These tariff costs cannot be absorbed by manufacturers," said Mike Hawes, chief executive officer of the Society of Motor Manufacturers and Traders, warning of higher costs for U.S ... .
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Automakers hit with $600 million in fines

China Daily 03 Apr 2025
The UK's Competition and Markets Authority, or CMA, and the European Commission have penalized a total 15 car manufacturers, along with the UK's Society of Motor Manufacturers and Traders, or SMMT, ...
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Volkswagen plans price hikes after Trump's auto tariffs

Gulf News 03 Apr 2025
“These tariff costs cannot be absorbed by manufacturers, thus hitting US consumers who may face additional costs and a reduced choice of iconic British brands,” said Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders ... tag. .
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Aston Martins to Scotch: The UK industries hit hardest by Donald Trump’s tariffs

AOL 03 Apr 2025
Aston Martins and Scotch whisky are likely to become more expensive in the US under Donald Trump ... A spokesman for JLR said ... The Society of Motor Manufacturers and Traders (SMMT) described the new tariffs as “deeply disappointing” ... .
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Carmakers prepare to slash production in wake of Trump tariffs

The Daily Telegraph 03 Apr 2025
Moments after the US president’s “liberation day” announcement on Wednesday, the Society of Motor Manufacturers and Traders (SMMT) warned the industry would be “impacted immediately” and was assessing its options ... He added ... The insider added ... Copy link.
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Roundup: Trump's tariffs spark alarm in UK as economists, industry warn of fallout

Xinhua 03 Apr 2025
By Zhao Xiaona, Zhao Xiuzhi, Larry Neild ... The U.S ... The Society of Motor Manufacturers and Traders (SMMT) echoed this sentiment, stating that a 25 percent tariff on British cars is "deeply damaging" to a sector already facing multiple global headwinds ... .
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How Trump's tariffs will impact your finances and the UK economy

AOL 03 Apr 2025
Interest rates – will mortgages become costlier? ... She said ... Read more ... Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), described the announcement as “deeply disappointing and potentially damaging” ... Read more ... Stocks ... .
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British jobs at risk from Trump's trade war: PM warns of 'economic impact' from 'limited' ...

The Daily Mail 03 Apr 2025
'Nothing else will guide me, that is my focus,' he said ... 'But I want to be crystal clear ... Your browser does not support iframes ... The Society of Motor Manufacturers and Traders Ltd (SMMT) described the imposition of tariffs as 'deeply disappointing' ... .
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UK sets May 1 deadline for deal to stop US tariffs: Ministers hint at retaliation ...

The Daily Mail 03 Apr 2025
But the stance suggests that Sir Keir is ready to act, despite underlining his determination to have a 'cool and calm' response ... The Society of Motor Manufacturers and Traders Ltd (SMMT) described the imposition of tariffs as 'deeply disappointing' ... .
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UK to explore hitting Trump with retaliatory tariffs as markets plunge - latest updates | ...

The Daily Mail 03 Apr 2025
11.25. Request for input on 'retaliatory action' to launch on Thursday ... In a statement, he told the Commons. ... 11.10 ... 11.00 ... The Society of Motor Manufacturers and Traders Ltd (SMMT) described the imposition of tariffs as 'deeply disappointing' ... .
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Trump's 25% tariffs on US car imports could threaten 25,000 UK jobs, think tank warns

This is Money 02 Apr 2025
Eight in ten motors produced in Britain are exported ... According to the Society of Motor Manufacturers and Traders, the automotive manufacturing industry employs some 198,000 people directly and 813,000 in total across the wider sector.
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Jaguar Land Rover and Toyota among manufacturers fined in £77m collusion scandal

The Business Desk 02 Apr 2025
Two trade associations, the European Automobile Manufacturers’ Association (ACEA) and the Society of Motor Manufacturers and Traders (SMMT), were involved in both illegal agreements ... Falsarella Pereira said ... Previous Article. .
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