Volkswagen will add an ‘import fee’ to cars sold in the U.S.
Posted inAutomobiles Canada Customs (Tariff) Factories and Manufacturing Germany International Trade and World Market Mexico Prices (Fares, Fees and Rates) Shutdowns (Institutional) Stellantis NV Stocks and Bonds Trump, Donald J United States International Relations United States Politics and Government Volkswagen AG

Volkswagen will add an ‘import fee’ to cars sold in the U.S.

The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
Posted inAutomobiles Canada Customs (Tariff) Electric and Hybrid Vehicles Factories and Manufacturing General Motors Germany International Trade and World Market Japan Mexico Prices (Fares, Fees and Rates) Tesla Motors Inc Trump, Donald J United States United States Politics and Government

Auto Tariffs Take Effect, Putting Pressure on New Car Prices

President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.