Study finds Trump's 25% auto tariffs could cost US automakers $108 billion

A car, in a gross way, is between 20,000 and 30,000 pieces, depending on the model and the level of equipment. Although no brand agrees to disassemble their cars to see who makes each component, for maintaining the industrial secret and not giving advantages to its competitors, around 75% of the value of a vehicle is a matter of a huge network of component manufacturers, according to Sernauto, the Spanish association that represents the sector.

U.S. President Donald Trump announced Wednesday the imposition of tariffs of up to 25% on all cars “not manufactured in the United States.” In addition, the U.S. head of state noted that the imposition of new taxes on imported vehicles would apply as of April 2. Indeed, among the manufacturers affected by these tariffs are the major European brands.Toyota published prices for April 2025: the cheapest modelsIn the past, Trump has complained that …

Industry Analysis: Trump Auto Tariffs Are Complex And Costly

The Center For Automotive Research (CAR) said President Donald Trump’s automotive tariffs are complex and will hike costs associated with every light duty vehicles sold or produced in the United States. The Ann Arbor Michigan based center estimated in a new analysis that since no vehicle is entirely produced within US borders, none will escape the 25% tariff imposed by the President. Even though the President’s aim is to rebuild auto production …

Trump’s auto tariffs could cost industry over $100bn, with millions fewer cars sold

Vehicle sales are predicted to plummet from auto tariffs and tightened spending by Americans due to import taxes on other goods

Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global implications for the automotive industry due to the policies.

Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.