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Jamell Harris loads unprocessed casting heads that will be made on the Stellantis Dundee engine on August 18, 2022 in Dandy, Michigan.
Bill Pululian | Gets the image
Detroit – Six best political groups representing the US Automobile Industry, uncharacterly combined efforts to lobby for Trump’s administration against 25% tariffs for auto parts which should take effect by May 3.
The group – representing franchized dealers, suppliers and almost all major automakers – say in a letter to the Trump administration officials that the upcoming levies may endanger US automobile production. The letter states that many car suppliers are already “in trouble” and will not be able to afford additional increases in the costs, which will lead to wider problems of the industry.
“Most car suppliers do not earn a sharp tariff break. Many are already in trouble and face stops, layoffs and bankruptcy,” the letter reads. “Only the refusal of one supplier is required to lead to the shutdown of the automaker’s production line. If this happens, as it was done during the pandemic, all suppliers are exposed, and workers will lose their jobs.”
The letter of April 21 is addressed to US Treasury Minister Scott Bales, Secretary of the Ministry of Trade of the United States Lutnik and US Ambassador Jamison Grira.
It was signed by the heads of the Alliance on Automobile Innovation, the American International Car Deilers Association, Autos Drive American, Mema Car Association, National Car Deilers and Automobile Policy Council.
A joint letter is uncharacteristic if not unprecedented for the automotive industry. Organizations rarely when and when -do not, enter a single joint message.
The group notes that they represent the production sector # 1 of the country that supports 10 million US jobs in all 50 states and offers $ 1.2 trillion annually.
Automers not represented by groups include electric vehicles Tesla Motors. Rivian car and Lucid Group.
“President Trump has shown openness to revision of 25 percent administration tariffs on imported car details – similar to tariff assistance, recently approved for consumer electronics and semiconductors. This will be a positive development and welcome,” the letter reads.
The letter comes a week after President Donald Trump said he Can “help” some car companies This needs more time to move or increase car production to the US.
“I am looking for something to help some of the car companies where they are moving to the pieces that have been made in Canada, Mexico and other places, and they need a little time because they are going to make them here,” Trump said on April 14. “But they need a little time, so I’m talking about such things.”
Cars -executives and experts said CNBC Trump tariffs are more terrible for car suppliers than automakers themselves. It is said that the impact can cause a ripple effect through a global supply chain.
Car Officials are waiting More than $ 100 billion According to the industry, according to research from Wall Street and car analysts.
“We support more production and additional supply networks passing through the US, but it is impossible to translate global supply networks overnight or even in the month. It will take time,” the letter said.
