Global Auto Industry Faces Heavy Losses Amid Tariffs, Chinese Competition, and EV Slowdown

The automotive sector experienced a disastrous 2025 with significant profit declines and multi-billion dollar losses, primarily due to Trump's tariffs, fierce competition from Chinese manufacturers, and a slowdown in electric vehicle sales, with a challenging 2026 outlook.

19 Apr, 04:00 — 19 Apr, 04:00

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EL PAISMostly Factual19h ago

The auto industry’s ‘annus horribilis’: Trump’s tariffs, Chinese rivals and EV slowdown drag the sector into heavy losses

Automakers endured a disastrous 2025, marked by steep profit declines and multibillion‑dollar losses, with Chinese manufacturers standing as the only exception. The outlook points to a tough 2026.

By Manu Granda

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Global Auto Industry Faces Heavy Losses Amid Tariffs, Chinese Competition, and EV Slowdown

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The auto industry’s ‘annus horribilis’: Trump’s tariffs, Chinese rivals and EV slowdown drag the sector into heavy losses

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