Automobile Industry Reactions On Trump Tarrif know its impact on auto sector Audi BMW hyundai Mercedes

Automobile Industry on Trump Tarrif: The Trump administration has imposed 25 percent tariff on foreign cars to be imported in the US. This decision has affected car companies around the world. This tariff can increase the prices of cars and the companies may also suffer losses. This is the reason why there is an atmosphere of anxiety in the automobile industry.

Audi has taken immediate steps in response to the Trump administration’s policy, the models coming in the US have been temporarily stopped at ports, especially models that are assembled in Mexico and other non-tariff countries.

Automkers response

After April 2, 2025, Audi has stopped the vehicles assembled by Mexico and other countries coming to the US at ports. Before this, the vehicles that came to America will reach the dealership. Audi gave a special code and note on without tariff “no additional import duty.” Have also installed.

BMW

BMW has said that it will pay the tariff cost of vehicles made in Mexico itself till May 1, 2025. After this, the prices will probably increase. Models like 3 series, 2 series and M2 are affected by this decision. All these are built in San Luis Potosi, Mexico plant.

Foxwagen

Foxwagen is now adding tariffs to the ‘destination duty’ of vehicles. Apart from this, transport of trains coming from rail from Mexico is also being stopped. However, the goods coming from the sea ships will continue.

Mercedes-Benz

Some reports say that Mercedes may stop the import of GLA and CLA models. Although the company has denied this, there are reports that a new model can be assembled in the plant in Alabama, USA.

Hyundai and Genesis

Hyundai has said that it will not increase the prices of its vehicles for the next two months. The company has launched a scheme called “Customer Assurance” which will run till June 2, 2025. At the same time, the Genesis brand has also started a similar initiative in the name of “Genesis Cares”.

Jeep

Jeep is now giving vehicles on “Employees Value” to all customers. This offer will be till April 30, 2025. Also, the company has stopped production of compass and wagoner S models for April. Please tell that both vehicles are made in Mexico.

Ferrari

Ferrari has increased the prices of some of his models by 10% after Trump’s new tariff. These include Purosangu SUV, F80 Hypercar and Grand Tourists. However, the prices of models like 296 GTB and SF90 have not increased yet.

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