Trump automatic rates: how the main car brands would be affected

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Tariffs on cars and automotive parts announced by President Trump on Wednesday will have long -range effects on car manufacturers in the United States and abroad.

But there will be important differences based on the circumstances of each company.

Tesla

The company led by Mr. Trump's confidant, Elon Musk, manufactures the cars he sells in the United States in Factories in California and Texas. As a result, it is perhaps the least exposed to tariffs.

But the company buys pieces from other countries: approximately a quarter of the components worth their cars come from abroad, according to the National Road Traffic Safety Administration.

In addition, Tesla is struggling with the fall of sales worldwide, in part because Mr. Musk's political activities and statements have rejected moderate and liberal cars buyers. Some countries could try to retaliate against Trump rates attacked to Tesla. Some Canadian provinces have already He stopped offering incentives for purchases of electric vehicles of Tesla.

General Motors

The largest American car manufacturer matters many of its best -selling and profitable cars and trucks, especially from Mexico, where it has several large factories that produce models such as Chevrolet Silverado. Approximately 40 percent of GM sales in the United States last year were vehicles gathered abroad. This could make the company vulnerable to rates.

But unlike other car manufacturers, GM has published strong profits in recent years and analysts consider that they are in a good financial base. That could help you resist rates better than other companies, especially if Mr. Trump eliminates or dilutes import taxes.

Ford motor

Ford depends much less on imported cars than many of its rivals. Makes about 80 percent of the vehicles sold in the United States in the country. As a result, it would be relatively isolated from 25 percent tariffs in imported vehicles.

But the company still depends on foreign factories for main parts such as engines. A Ford factory in Ontario, for example, manufactures engines for some of its trucks. Ford has been losing billions of dollars in electric vehicles. One of its three models with batteries, the Mustang Mach-E, occurs in a factory near Mexico City.

Stellantis

The company that owns Chrysler, Dodge, Jeep and RAM, uses factories abroad, in Mexico in particular, to gather some popular models such as Pickup trucks. Another model, Minivan Chrysler Pacifica is made in Ontario.

Stellantis, created by Fiat Chrysler and Peugeot's merger, has also been fighting slow sales and is looking for a new executive director. These challenges put the company, along with some others such as Nissan, at greater risk, especially if tariffs remain in place for months or years.

Toyota

Like other Japanese car manufacturers, Toyota depends a lot on the United States and sold 2.3 million cars in the country last year. Around one million of those vehicles were made in other countries, many of them in Canada, Mexico and Japan. That could be a big problem for the company and car manufacturers such as Subaru and Mazda, with which Toyota works closely.

But Toyota, the world's largest car manufacturer, is in a better position than other car manufacturers. It is profitable and considered by analysts as one of the best managed companies in the global automotive industry.

Volkswagen

The largest car manufacturer in Europe could be really injured by tariffs because it has only one factory in the United States, in Chattanogo, Tennessee, where it makes the sports utility vehicles atlas and ID.4. It imports many of its cars, including Audis and Volkswagens from Mexico and Porsches of Germany.

The company has had financial problems in recent years because its sales have fallen abruptly in China, where national car manufacturers have grown rapidly by introducing many electric vehicles and affordable hybrids. Volkswagen expected to make raids in the United States, but Trump's last tariffs could make that difficult task even more difficult.

Hyundai and Being

The stable colleagues of South Korea have obtained impressive sales profits in the United States in recent years. Companies have also invested in a new electric vehicle factory in Georgia that is beginning to increase production, which could help them avoid rates in some models.

On Monday, the executive president of Hyundai, Euisun Chung, announced at the White House with Trump that his company would invest another $ 21 billion in the United States, even in a new steel factory in Louisiana. Although Hyundai and Kia now have three factories in Georgia and Alabama, they will not be able to avoid tariffs on the hundreds of thousands of cars that matter to the United States. Many of those vehicles came from South Korea, which negotiated a commercial agreement with the United States in 2007 that was updated during Mr. Trump's first mandate.