Automakers warned not to raise prices due to tariffs

testerdahl

testerdahl

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President Trump hosted a call with automakers in early March and warned them to not raise prices due to the tariffs according to several media reports. Automakers warned not to raise prices During, the call, the President “touted the tariffs would be “great,” the Wall Street Journal reports. CEOs Mary Barra of General Motors, John Elkann of Stellantis, and Ford’s Jim Farley were on the call, the New York Times reported earlier this month. “Trump said they should be grateful for his elimination of what he called former President Joe Biden’s electric-vehicle mandate,” the Journal said of the call. He also “made a lengthy pitch” on the tariffs according […] (read full article...)
 
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Warnings aside, I dont see how the automakers have any choice but to pass the cost on to consumers
 
They can slip part of the cost, but not all of it. They make billions of dollars a year while also loosing billions to EV's, there's money in the couch to help offset this.

Hopefully they can stop buying back their own shares and focus on building a good quality product, but it will still suck for us.
 
I think the most you would see on this would be a temporary discount from some of the big 3 automakers amounting to their previous maximum manufacturers discounts (5 to 10%) to make it look like they are helping out. It would just be their normal incentive offering a little ahead of schedule.
 
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