Car tariffs that are expected

Detroit – as president Donald Trump‘s 25% tariffs on imported vehicles Remain, despite this week’s rollback in other countries, analysts expect great global consequences for the automotive industry due to politics.

They expect millions to decrease the sale of cars, Higher new and used vehiclesAnd increasing the cost of more than $ 100 billion for this industry, according to reports of Wall Street research and automotive analysts.

“What we see now is a structural shift caused by politics is likely to be long,” said CNBC Felix StellmaSzek, Global Consulting Group Boston Consulting Group. “It may be the next year for the automotive industry in history – not only from the immediate pressure, but also because it causes fundamental changes in how and where the industry is built.”

The BCG expects the tariffs will add $ 110 billion to $ 160 billion at the annual rate due to the cost of the industry, which can affect 20% of new cars in the US, increasing production costs for both US and US producers.

The Michigan Automobile Studies Center, an analytical tank, believes that the cost of automakers in the United States will increase by $ 107.7 billion alone. This includes $ 41.9 billion for automakers in Detroit General Motors. Ford Motor and the father of the Chrysler Stellantis.

Both analysis take into account 25% of tariffs for imported vehicles implemented by Trump on April 3 as well as future fees The same amount on car details Which should start by May 3.

According to analysts, automakers and suppliers may transfer some cost increase, but it is supposed to transfer them to consumers, which may, in turn, less sales.

“We believe that tariffs, both proposed, will increase the cost of both imported and manufacturing cars in the US at least to the average digital thousand on average, and we believe that it will be difficult to convey this for the automotive industry, especially with the softening of consumer demand,” – Goldman Sachs Mark Delne.

Goldman Sachs suggests that net prices in the US will rise by about $ 2000 to $ 4,000 in the next six-12-month time to better display tariff costs.

Automobilee is replied to tariffs in different ways. Manufacturers, which are mostly domestic, such as Ford and Stellantis, have announced temporary deals at staff prices and others such as the British Jaguar Land Rover car stopped. The engine of Hyundai He also stated that he would not increase the prices by at least two months to ease consumer problems.

Consumer feelings became even worse The survey showed on Friday.

Sam Abuwuelellaelsid, Vice President on Ins. Car Consultative TVIt expects many automakers at least about two-month supplies of vehicles that are not subject to tariffs that they will be able to sell before you need to increase prices because of tariffs.

Teleometry expects higher production, spare parts and other factors to increase 2 million less cars that are sold annually in the United States and Canada, which will reject a wider economy.

“A couple of million units will have a broad impact in economics,” said Abuelelsid. “This is due to higher prices not only for vehicles, but also for everyone … What will restrict” people’s expenses “.

The availability of new and used vehicles has been a problem for several years. On average Cox Automotive reports new vehicles It cost almost $ 50,000. This figure does not include the cost of financing a vehicle that has grown significantly in recent years to combat inflation.

According to Cox, car rates in used cars remain for almost a decade more than 9.64% for a new car and almost 15% for a used car or truck.

“We expect a discount and then an accelerated price increase when the tariffs go through and shipped, which will increase the prices for all types of most new vehicles,” said Cox Jonathan Smoke. A virtual event on Monday. “In the long run, we expect production and sales to fall, recently used prices and some models will be eliminated.”

The expected increase in prices varies depending on the vehicle, but COX estimates the increase of $ 6,000 to the cost of imported vehicles due to 25% tariffs for collected cars that are not collected in the United States, as well as an increase of $ 3,600 due to future 25% tariffs. In addition to $ 300 to $ 500, this increases as a result of previously announced steel and aluminum tariffs.