European Automakers Fall on Trump’s Latest Tariff Threats

A BMW showroom in BerlinPhotographer: Krisztian Bocsi/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Elisabeth Behrmann

January 19, 2026 at 8:11 AM UTC

Updated on

January 19, 2026 at 8:52 AM UTC

European automakers plunged after US President Donald Trump threatened to hike tariffs again in the standoff over Greenland.

Mercedes-Benz AG shares fell as much as 6.7% in Frankfurt early Monday, BMW AG dropped 7% and Volkswagen AG slipped 5.4%. Porsche AG, which doesn’t manufacture in the US, fell as much as 4.9%.