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Luxury carmakers, Chanel, Ralph Lauren and Moda Operandi – News briefs

The BMW X1 was the top-selling premium compact SUV in Europe in 2018 H1. Image credit: BMW

 

VW, Daimler and BMW brace for U.S. tariffs as truce nears end

Investors in European carmakers are once again facing months of share volatility after the U.S. circulated a draft report on tariffs and European Commission President Jean-Claude Juncker signaled a cease-fire in the looming trade war may soon come to an end, says Bloomberg.