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Auto groups lobby Trump administration against parts tariffs in rare unified message

  • Six trade groups representing automakers urged the Trump administration to reconsider a 25% tariff on auto parts before it takes effect on May 3, 2025.
  • The tariff is estimated to increase production costs for U.S. Automakers by $108 billion in 2025, ultimately raising prices for consumers.
  • Flavio Volpe warned that a single supplier's failure could halt production lines for automakers and that the auto industry's supply chain cannot be easily modified.
  • The letter from auto industry groups emphasized that the tariffs would raise consumer prices and complicate vehicle servicing and repairs.
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Auto Remarketing broke the news in on Tuesday, April 22, 2025.
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