How to promote Trump tariffs to the automotive market in Europe, the United States and China | Auto Industry

The internal combustion engine seems to have a special position in Donald Trump's psychology. In his inauguration speech last week, he made a “sacred commitment” to increase the output of American cars to “the speed of no one can dream a few years ago.”

Automobile manufacturing and oil industry-not AI, computer chips and even cryptocurrencies-are the only two industries that the new US president emphasized, because he promises to once again become the United States a “manufacturing country.”

For car manufacturers, Trump mentioned some key policies: canceling subsidies for electric vehicle production, reducing emission regulations and levy all imported tariffs.

Although he has not provided details about his plans, the potential impact of Trump's policy (if execution) may change the road of the global automotive industry.

Back of European accessories

Tariffs are the bad news of your slices for European auto manufacturers. The video link he gathered at the World Economic Forum in Davos, Switzerland last week said: “If you are not making products in the United States, this is your privilege, then you will have to pay tariffs.”

Ruosha Li (Ruosha Li) in Moody Li, Volkswagen in Germany, Volvo in Sweden and Stellandis, the United States-European Enterprise Group, “the most exposed” potential new tariffs, because their sales and imports of the United States are greater. The import ratio is greater. Rating agency.

Both of them are seriously dependent on imports from Europe to the United States, and the European brands of Volkswagen and Standeis also largely depend on the Mexican factories under the extensive trade agreement. On the first day of Trump's week, Trump repeatedly threatened the 25 % tariff on Mexico and Canada.

Moody's said that about half of European auto manufacturers' sales are imported. After Trump returned to the White House, Volkswagen said that tariffs will have “harmful economic impacts” on American consumers and international automobile industries.

If you are imposed, the British automobile industry is likely to be caught in tariffs-although some people in the business hope that if the United States restricts its tariffs in the European Union, it can get real benefits from Brexit. The Hall Group's automakers and business associations said that although most people went to the European Union, about 10 % of British car exports to the United States.

A small one in the UK may be that from Jaguar and Land Rover boss JLR, a large number of exports of companies such as Rolls -Royce or Volkswagen owned by BMW are listed as luxury cars and classified as prices. It may start from £ 100,000 and rise to multiple. These companies should be able to pass the tariff cost to richer customers without weakening sales.

American double -edged sword

Trump's electric vehicle policy aims to “save our automotive industry”, but the long -term impact of its policy is not necessarily simple to the home team.

The American car champion is a “three giant” car manufacturer. Its historical concentration in the Detoic law of Michigan: GM, Ford, and American brand currently owned by Stellandis. Trump hopes to protect the American manufacturing gasoline (also known as gasoline) cars. These factories provide thousands of tasks in concentrated areas, making them highly visible and politically effective. A few days after inheriting the company's control billionaire John Elkann, Stellandis restored the plan with a investment of $ 5 billion (£ 4 billion).

Detroit's car manufacturers may enjoy the restrictions on selling high -profile and more polluting gasoline power SUVs and pickup trucks. This may mean that the growth rate of electricity in the United States is slower.

Felipemuñoz, an analyst at the car data company Jato, said: “We will definitely see the enthusiasm of consumers.” He said that compared to fossil fuel cars, buyers are still refused at a high preliminary price.

However, Detroit's car manufacturers have invested power technology. According to previous estimates of the investment bank Evercore ISI, General Motors and Ford may miss subsidies scrapped by Trump, respectively, $ 3 billion and $ 100 million, respectively.

Economist Rico Luman, an investment bank ING, said that subsidy reduction will crack down on American auto manufacturers, and they strive to transfer to electric. He said: “We have seen the delay of the expansion plan.”

Tesla, a person alone

Although Tesla's stock price has soared nearly two -thirds since the presidential election. Analysts predict that the wave of relaxation control of autonomous vehicle technology can open up new sources of income for electric vehicle leaders. This may explain the pioneer of cleaning transportation in some way, Tesla's boss, Elon Musk, and an alliance of a US President. He has just provided subsidies for zero discharge vehicles.

Tesla (Tesla) has factories in the United States, Berlin and Shanghai. This strategy seems to be beautiful. Europe and China hope to protect its industry (although Tesla is also challenging its individual EU tariffs imported by China). Therefore, tariffs may prevent imports of potential electric competitors built elsewhere elsewhere. At the same time, competitors in the United States may slow their shifts to motor, which makes Tesla's US electric vehicle market clear.

Lulman said: “Tesla has a beneficial position because the gap between Tesla and others still exists.” “In terms of volume, this is the lead.”

China is not affected

Trump believes that China is the biggest economic threat to the United States, but his commitment to the steep 25 % tariffs on all commodities will not help, nor will it affect auto manufacturers like Bid and State -owned SAIC. Trump's former Joe Biden has imposed 100 % tariffs on Chinese electric vehicles.

Munz said: “For the Chinese, nothing will change.” “They no longer expect the global expansion in the United States.”