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An employee installs a VW logo in a new VWswagen Tiguan at the VW main plant.
Photo Alliance | Photo Alliance | Getty pictures
Auto giants responded to the US President Donald Trumptoward tariffs By lifting prices, apply import fees, break and even put the plans to place employees.
As part of the plans to transfer production to US factories and increase American affairs, Trump management on Thursday introduced 25% tariffs on foreign car imports. The White House said he intends to place tariffs in some car parts no later than May 3.
Trump’s separate measures Sweeping new tariffs The main trade partners have hit the global car industry.
Shares of some world’s largest car brands have been sold sharply on Friday, extending the previous session of steep losses.
Auto Shares said the Ministry of Finance of China, the Ministry of Finance, Beijing intends to apply a 34% tariff to all goods imported from the United States.
Stellantis7%, including Jeep, Dodge, Fiat, Chrysler and Peugeot, London Time (8:30 AM et) sold 7% lower. At the previous meeting, the share of Milan fell by more than 8%.
German Volkswagen, Bmw and Mercedes-Benz GroupMeanwhile all sold about 4% low.
How did the carmakers meet?
Europe’s largest karmey player Volkswagen plans to add a import fee for label prices for vehicles sent to the United States in response to Trump tariffs. All railways of vehicles built in Mexico in Mexico are reported to the United States
Measures first reported by the trading edition Car newsTrump seems to emphasize the immediate effects of the company’s tariffs.
“We are appealing to our body on all aspects of the case, and we want to be very transparent in this uncertainty,” he said on Thursday by e-mail on Thursday.
“We have the best interests of our vendors and our customers in the heart and once in affect the business, we will share our strategy with our dealers,” he said.
The Stellantis Windsor Assembly plant was shown in Windsor in Windsor on April 1, 2025.
Bill Pugliano | Getty Images News | Getty pictures
Meanwhile Stellantis, declared On Thursday, Canada and Mexico will stop production in two mounting plants. The movement will be temporarily supported by plants that support 900 employees in the United States.
The actions were seen as the most acutely represented by a car manufacturer with new tariffs.
Stellantis’ Downtime starts on Monday and is two weeks at the Windsor Assembly plant of the car manufacturer in Ontario, Canada and April in Mexico.
Stellantis also joined on Friday Ford Motor In suggesting employee prices in new vehicles To all US consumers Trump’s tariffs and economic concerns are on a road to increase sales and clear vehicle resources.
Elsewhere, Nissan engineLuxury Infiniti brand, in response to US tariffs, two Mexicans suspends two groups of crossovers built for the United States.
A memorandum of the brand retailers, Infiniti American President Tiago Castro, QX50 and QX55 for the United States, the result of “to subsequent notices” for the United States, said on Thursday.
The company’s representative confirmed the CNBC’s actions on Thursday and confirmed the review of the Japanese car manufacturer “Production and Supply Operations for Sustainability”.
Increases us production
The high globalization of supply chains and the automotive industry, which is severely confident in the production operations in North America and especially in Mexico, is expected to have a deep impact on the automotive industry.
Sweden’s Volvo cars have intended to produce more cars in the United States on Thursday and increase regionalization efforts with centers in China and Europe.
“We are preparing well in China and Europe. But we must be better to be around the import tariffs in the United States,” he said.
Volvo car spokesman wants to use the company to increase the production of EX90 SUV and reduce costs to the United States on Friday.
“The global automotive industry faces the growing geopolitical complexity and regionalization, as well as volvo cars. This is even more important in Volvo cars, the longer strategy of the building we sold in a more important way to CNBC.
“As part of this, Volvo cars also consider the capacity to add another car model in the US factory, which is caught in 150,000 cars a year,”
A spokesman for Volvo cars was not possible to comment immediately when contacted by CNBC on Friday.
Separately, Italian Luxury Carmy Ferrari gossip Last week, after April 1, the United States will raise prices in certain models in response to new car tariffs, up to $ 50,000 to $ 50,000.
Compared to the main car manufacturer Hyundai motorOn Friday, on June 2, due to the potential growth due to the potential growth due to tariffs within a new “Customer Guarantee” program, the current potential of vehicles did not promise prices or potential growth.
“We know that consumers are uncertain and want to give them some stability in the coming months,” said Hyundai CEO José Muñoz.
Hyundai said that franchised dealers have recognized the company’s retail price offered by the company’s manufacturer and has acknowledged that there are independent enterprises that can lift retailers’ prices.
– CNBC’s Robert Frank contributed to this report.
