Key facts: Mexico raises car import tariffs; Volkswagen warns Congress

Mexico has raised import tariffs on cars from 20% to 50%, affecting around $1 billion in car exports from India, including Volkswagen, as part of a strategy to protect local jobs and manufacturing.1Volkswagen warns Congress about the competitive threat from Chinese state-backed automakers and battery firms, urging action to block their manufacturing in the U.S. auto industry.2Volkswagen is incorporating its range extender concept into the Scalable Systems Platform for electric vehicles, with launches in Europe and the U.S. depending on customer demand.3