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“Tariffs are expected to drive up auto costs by $4,000 to as much as $12,500 depending on vehicle, engine type and country of origin, according to the Anderson Economic Group, a consultancy that represents automakers and dealers.”
“It should give somewhat of a guidance, because you cannot assume the badge on the hood matches your expectation [of] where it’s made,” Drury said. “There’s no vehicle where every single component is manufactured from the ground up in the United States.“
“If you have a tariff situation that changes your inputs in the vehicle, you’re naturally going to want to find that mix — between the vehicle content that is most appealing to consumers and knowing that it’s going to cost them more,” said Stephanie Brinley, an automotive analyst at S&P Global Mobility. For automakers, she said, the question is: “How do you protect margins, and how do you work through that?”
Many of the perks available to prospective buyers could dry up soon, experts said, as manufacturers and dealerships start trimming rebates, financing promotions and other offers as they look to offset higher costs.
We are about to enter a really bad economic period, tariffs will hurt Americans. People who are already struggling will just do without and ultimately this decreased consumption will stall the economy, and cause a decrease in jobs.
Goals are fine but the Leadership is to volatile, that spooks and not nurtures.
“It should give somewhat of a guidance, because you cannot assume the badge on the hood matches your expectation [of] where it’s made,” Drury said. “There’s no vehicle where every single component is manufactured from the ground up in the United States.“
“If you have a tariff situation that changes your inputs in the vehicle, you’re naturally going to want to find that mix — between the vehicle content that is most appealing to consumers and knowing that it’s going to cost them more,” said Stephanie Brinley, an automotive analyst at S&P Global Mobility. For automakers, she said, the question is: “How do you protect margins, and how do you work through that?”
Many of the perks available to prospective buyers could dry up soon, experts said, as manufacturers and dealerships start trimming rebates, financing promotions and other offers as they look to offset higher costs.
We are about to enter a really bad economic period, tariffs will hurt Americans. People who are already struggling will just do without and ultimately this decreased consumption will stall the economy, and cause a decrease in jobs.
Goals are fine but the Leadership is to volatile, that spooks and not nurtures.
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