A car tariff that is expected to reduce sales by millions, cost $ 100 billion

Detroit – as president Donald Trump‘s 25 % tariffs on imported vehicles Despite the decline this week on other rural drawings, analysts expect huge global effects on the automotive industry due to policies.

They expect to see a decrease in vehicle sales in millions, High prices for new and used vehiclesThe costs of more than $ 100 billion to the industry, according to Wall Street research reports.

“What we see now is a structural transformation, driven by politics, is likely to be long -term,” said Felix Stellmaszek, the global global cars and mobility of Boston Consulting Group. “This may be the most dependent year for the auto industry in history – not only because of the immediate cost pressure, but because it forces the basic change in how to build the industry.”

BCG expects the customs tariffs to add $ 110 billion to 160 billion dollars based on the annual operating rate of the industry, which may affect 20 % of the new vehicle market revenues in the United States, which increases production costs for both American and non -United States manufacturers.

The Car Research Center, a non -profit research center based in Michigan, believes that the costs of auto companies in the United States alone will increase by 107.7 billion dollars. This includes 41.9 billion dollars for automotive companies in Detroit General Motorsand Ford Motor And the father’s Churisler Stelantis.

Both analysis takes into account the 25 % definitions on the imported vehicles carried out by Trump on April 3 as well as the fees coming from The same amount on auto parts That is appointed to start by May 3.

Car manufacturers and suppliers may be able to bear some costs in costs, but it is also expected to be transferred to American consumers, which in turn may lead to low sales, according to analysts.

“We believe that the customs tariff, as is a proposal, will raise the cost of both import and manufacturing vehicles in the United States at a low level to at least mid numbers on average, and we believe that it will be difficult for the car industry to transfer this entirely, especially while softening the demand for consumers in general.”

Goldman Sachs assumes that the net prices of new vehicles in the United States will rise by 2000 dollars to $ 4000 during the next time frame to the six to 12 months to better reflect the costs of tariffs.

Car manufacturers have She replied to the definitions In a variety of roads. Manufacturers, which are mostly local, such as Ford and Stellantis, have announced temporary deals for employee pricing, while others, such as British car maker Jaguar Land Rover, stopped the US shipments. Hyundai Motor He also said he would not raise prices for at least two months to reduce consumer fears.

Consumer feeling worse than expected in April, when the expected level of inflation has reached its highest level since 1981, the University of Michigan, which was closely seen The survey showed Friday.

Sam Abeelsid, Vice -President of Vision in Consulting company for remote measurementIt is expected that many car manufacturers will have at least two months of vehicles that are affected by the materials that will be able to sell before the need to increase prices due to the customs tariff.

Remote measurement is expected that the high costs of production, parts and other factors will lead to up to 2 million cars sold annually in the United States and Canada, which will have ripples on the wider economy.

“Reducing the unit on sales will have a widespread economic impact,” said Abelvided. “This is paid at higher prices, not only for vehicles, but in all areas … which will limit the power of spending on people.”

The ability to withstand the costs of new and used vehicles was a problem for several years. On average, COX Automotive reaches new vehicles It costs approximately $ 50,000. This number does not include the cost of financing this car, which has increased dramatically in recent years in an attempt to combat inflation.

Car loans rates are still close to high contracts for more than 9.64 % for the new car and about 15 % for the used car or truck, according to Cox.

“We expect to see a decrease in going into and then increasing the rapid prices with the passage of customs tariffs and tightening the supply, which leads to an increase in prices in all types of most new vehicles,” said Jonathan Smok in Cox. The virtual event Monday. “In the long run, we expect production and sales to decrease, newly used prices increase, and some models are canceled.”

The expected increases in prices vary based on the car, but COX is estimated at an increase of $ 6000 in the cost of imported vehicles due to a 25 % tariff on non -combined vehicles of the United States, in addition to an increase of $ 3,600 for vehicles collected in the United States due to a 25 % tariff for car. This is in addition to an increase of 300 to 500 dollars as a result of the previously announced tariffs on steel and aluminum.