Price hikes, idled factories, layoffs: how car companies are responding to Trump’s tariffs

President Donald Trump’s 25 percent tariffs connected each auto-related imports person been called “a debacle of epic proportions” and a sure-fire mode to vessel the car marketplace by crushing demand. Analysts person been predicting everything from $12,000 per conveyance terms hikes to the imaginable “Cubanization” of the US car fleet.

Now that they’ve had a fewer days to process the news, the automakers are starting to get their ducks successful a enactment and marque immoderate moves.

Here’s however each institution is responding:

Audi

Now that the tariffs are successful effect, the German automaker is holding each vehicles assembled successful Mexico and overseas astatine US ports until further notice, according to Automotive News. Audi presently has 37,000 units successful trader banal and astatine larboard — which stay unaffected by the caller import fees and are acceptable to sell. Audi reportedly said it would beryllium marking unaffected units with a $0 “No Added Import Fee” enactment codification for casual tracking.

“We are evaluating however to champion proceed for our customers and our dealers,” Audi spokesperson Mark Dahncke said.

BMW

BMW hasn’t announced immoderate circumstantial effect yet, but the institution said past period that it expected a €1 cardinal deed to its 2025 …

Read the afloat communicative astatine The Verge.