Live Trump's steep tariffs are rocking markets and reshaping alliances. Follow the latest updates. OTC Markets OTCPK - Delayed Quote • USD Volkswagen AG (VLKAF) Follow Compare 105.10 0.00 (0.00%) At close: April 2 at 4:00:00 PM EDT All News Press Releases SEC Filings Nvidia, European automakers: Trending Tickers Madison Mills and Julie Hyman take a look at some of Wednesday's trending tickers on Yahoo Finance. Chipmaker stocks, like Nvidia (NVDA), Advanced Micro Devices (AMD), and Taiwan Semiconductor Manufacturing Company (TSM), are under pressure as investors wait for US President Donald Trump's tariff announcement. European automakers, including Volkswagen (VOW3.DE), Mercedes-Benz (MBG.DE), and Ferrari (RACE.MI), are in focus as Trump's tariffs on auto imports weigh on the sector. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Trump’s 25% US Auto Import Tariff Takes Effect, Upping Costs (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaisePresident Donald Trump’s 25% tariff on US auto imports took effect on Thursday in a move expected to dramatically increase costs and upend Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports The German automaker has temporarily halted rail shipments of vehicles from Mexico and will hold at port cars arriving by ship from Europe, the report said, citing a memo to retailers. Trump's 25% auto tariffs will cover more than $460 billion worth of imports of vehicles and auto parts imports annually, according to a Reuters analysis of tariff codes included in a federal register notice. Volkswagen told its dealers that it would give more details by mid-April on pricing strategies for tariff-affected cars, and plans to begin allocating those vehicles to stores by the end of the month, the WSJ report said. Mercedes Weighs Pulling US Entry-Level Cars Over Tariffs (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergWhat Frank Lloyd Wright Learned From the DesertLondon Clears Final Hurdle for More High-Speed Trains to EuropeMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersBank Regulators Fight for Desks as OCC Returns to New York TowerMercedes-Benz Group AG is considering withdrawing its least expensive cars from the US bec The mastermind behind Europe’s hottest new car brand is leaving Volkswagen in a shock departure Wayne Griffiths, CEO of Volkswagen’s Spanish subsidiary SEAT and father of the Cupra brand, stepped down at his own request “to pursue new challenges.” SEAT CEO Wayne Griffiths exits Leaving at his own request. Auto Stocks Skid After Trump Says He ‘Couldn’t Care Less’ About Higher Prices on Foreign Cars Volkswagen and Mercedes-Benz stocks both sold off in Germany. 🔎 Read more on Mercedes-Benz. President Trump told NBC News over the weekend that he didn’t care if foreign automakers raised U.S. prices in response to new tariffs. Trump Trade: Trump told auto CEOs not to raise prices for tariffs Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly: AUTO TARIFFS: President Trump told CEOs of some of the country’s top automakers during a call earlier this month that the White House would look unfavorably on car prices being raised as a result of tariffs, leaving some of them rattled and worried they would face punishment if they increased pri How will UK carmakers be hit by Trump import tariffs? — key developments The US is the second largest export market for the British automotive industry. Chinese EVs’ Market Share Across Europe Drops to Two-Year Low (Bloomberg) -- Chinese automakers missed out on a European rebound in EV demand last month, as more-established manufacturers like Volkswagen AG captured the biggest part of a jump in sales. Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Distress Near Rivian (RIVN) Shares Skyrocket, What You Need To Know Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 8.5% in the afternoon session as auto companies with significant manufacturing local presence became more favored after US President Donald Trump announced a 25% tariff on all vehicles imported into the United States. Rivian manufactures its cars in the United States. While this does not necessarily mean the company sources all its components and raw materials domestically, the stock's positive reaction indicates that investors Car Makers Trail US High-Grade Market With Levies Set to Hit (Bloomberg) -- Automakers’ bonds weakened in US debt markets on Thursday after President Donald Trump slapped 25% tariffs on car imports and warned of a broader trade war ahead.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseGold-Rush Fever Returns to Historic New Zealand Mining TownTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesRisk premiums, or the ex Trump could announce auto tariffs today, Bloomberg reports President Trump is readying an announcement on auto tariffs as soon as today, Josh Wingrove and Joe Deaux of Bloomberg report, citing people familiar with the matter. Trump told reporters earlier this week that he would detail the auto levies in the coming days, Bloomberg notes. The level and scope of the auto tariffs are not clear, it adds. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla ( Auto stocks feel the impact of Trump's latest tariff: Market Minute Both European and American automakers are seeing their shares take a hit from President Trump's decision to put a 25% levy on vehicles and some auto parts imported into the US. There are a couple of auto stocks moving higher though. Both Tesla and Rivian are trading higher given how much of their production is in the United States. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Volkswagen Partners With Valeo & Mobileye to Improve ADAS Technology VWAGY collaborates with Valeo and Mobileye to enhance its ADAS technology to Level 2+ for its upcoming vehicle lineup based on the MQB platform. GM, Ford stocks reel after Trump announces 25% auto tariffs on foreign-made vehicles, certain parts President Trump made good on his promise to impose tariffs on foreign automakers. Trending tickers: Nvidia, General Motors, Robinhood, H&M and Next The latest investor updates on stocks that are trending on Thursday. VW Weighs Options Including Listing for MAN Energy Unit (Bloomberg) -- Volkswagen AG is ramping up discussions around strategic alternatives for its MAN Energy Solutions business, including a potential listing, according to people familiar with the matter.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.Affordable Housing Developers Stalled by Blocked Federal Audi accelerates debut of new A3-size EV The VW Group subsidiary expects to get its entry EV on the road in 2026 instead of 2027 with help from a software collaboration with Rivian. Volkswagen shareholder Porsche SE eyes defence, infrastructure for new investments BERLIN (Reuters) -Porsche SE, Volkswagen's largest shareholder, is eyeing defence and infrastructure as possible new long-term investment areas, it said on Wednesday, adding there were no plans to sell shares in Volkswagen or Porsche AG. Germany's parliament this month approved plans to create a 500-billion-euro ($540 billion) infrastructure fund and allow higher spending on defence, sending shares in construction and defence companies soaring as investors hoped the spending splurge could revive economic growth. New investments need to generate financial returns to contribute to dividends, and give insights into new technologies that could boost the competitiveness of Volkswagen and Porsche AG, said Lutz Meschke, Porsche SE's board member for investment management and a former finance chief at Porsche AG. Performance Overview Trailing total returns as of 4/3/2025, which may include dividends or other distributions. Benchmark is DAX P (^GDAXI) Return VLKAF DAX P (^GDAXI) YTD +11.22% +9.81% 1-Year -27.33% +19.02% 3-Year -44.85% +51.33%