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#automotiveindustry

23 posts20 participants1 post today
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WYM Mod

Shockwaves are rippling through the auto industry! President Trump has announced a hefty 25% tariff on imported cars not made in the U.S., hitting Asian manufacturers hard. Toyota, Nissan, and Hyundai suffer steep stock declines, with rising concerns about price hikes and profitability. Analysts warn this move could jeopardize long-term success for these manufacturers. Explore the full impact and implications of these tariffs here: [CNBC](cnbc.com/2025/04/01/trump-tari).

CNBCTrump tariffs jolt Asian automakers — Toyota likely set for most painU.S. President Donald Trump last Wednesday announced sweeping 25% tariffs on cars "not made in the U.S.," sending shockwaves through global automakers.
#Tariffs#AutomotiveIndustry#Toyota
Public
WYM Mod

Elon Musk's warning about Trump's new 25% tariffs on imported cars is raising eyebrows! While Tesla's domestic production offers some immunity, Musk highlights that the impact on costs isn't trivial. With a blend of domestic components but extended supply chains, the automotive landscape is shifting. Explore how tariffs could reshape Tesla's fortunes and their market positioning. For more insights, click here: thedailybeast.com/elon-musk-wa #Tesla #Tariffs #ElonMusk #AutomotiveIndustry

Elon Musk attends a cabinet meeting held by President Donald Trump at the White House on March 24, 2025 in Washington, DC.
The Daily Beast · Elon Musk Warns Tesla Won’t Escape ‘Unscathed’ From Trump’s New TariffsBy Sean Craig
Public
WYM Mod

Tensions are rising globally as major economies react to Trump's **25% tariff** on imported cars. Germany and Canada express strong opposition, labeling it a direct attack, while China warns of breaches in trade rules. Stock prices plummet for European automakers, and analysts predict significant price hikes for US consumers. As nations grapple with potential consequences, South Korea’s Hyundai commits $21 billion to the US market. Discover more about these unfolding events: bbc.com/news/articles/cy4vjwzv. #TradeWar #Tariffs #AutomotiveIndustry #USPolitics

Workers at the Porsche plant in Leipzig, Germany, on 6 May 2024
www.bbc.comGermany says it 'will not give in' as Trump announces 25% car tariffsMajor economies vow to retaliate, with China accusing Washington of violating international trade rules.
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