Sales of new cars in Italy fell by 5.11% year-on-year in July, transport ministry data showed on Friday, indicating a persistently weak market in the European Union’s third largest economy.

The Trump administration’s steep import tariff on Brazilian coffee looks set to reshuffle trade routes for beans from the world’s top grower and exporter, benefiting China and incentivizing traders to look for indirect routes into the U.S.

BYD’s vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has catapulted the Chinese automaker into the world’s largest electric vehicle maker.

European luxury carmakers including Porsche and Aston Martin have shot to the front of the grid with U.S. price hikes, which could point the way for bigger brands to follow in their wake as companies pass on the cost of tariffs.

President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump’s self-imposed Aug. 1 deadline.

Changan Automobile has begun operating as an independent automaker controlled by China’s central government, state television CCTV reported on Tuesday.

A tactic used by Chinese automakers and dealers to inflate car sales has grown increasingly common in recent years in response to a bruising price war in the world’s largest auto market, a Reuters analysis of consumer complaints has found.

Tech firms huge and small will converge in Shanghai this weekend to showcase their artificial intelligence innovations and support China’s booming AI sector as it faces U.S. sanctions.

New car sales in Europe fell more than 5% in June, the European Automobile Manufacturers Association (ACEA) said on Thursday, in a reflection of the global challenges faced by automakers.

Some of the world’s top tech firms, including U.S. search giant Alphabet, South Korean chipmaker SK Hynix and Indian IT services provider Infosys, have provided upbeat guidance in their latest earnings reports, shrugging off an uncertain U.S. trade pol…