The logos of carmakers Porsche and Volkswagen are displayed, in Cologne, Germany, March 10, 2026. REUTERS
FRANKFURT, May 4 (Reuters) – Shares in German auto and truckmakers fell on Monday after U.S. President Donald Trump announced an increase in car import tariffs to 25% from 15% previously agreed, dealing a fresh blow to the already beaten sector.
Shares in Porsche, BMW Mercedes-Benz Volkswagen , Traton, Daimler Truck were all down 0.4% to 2.6%.
Reporting by Christoph Steitz, Editing by Linda Pasquini
