Carmakers Idle Plants, Rethink Prices as Trump’s Tariffs Hit (3)

April 3, 2025, 6:57 PM UTC

Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars are already reverberating around the globe.

Jeep maker Stellantis NV plans to temporarily halt some production in Canada and Mexico. Ford Motor Co. began offering steep discounts to keep customers coming to showrooms and General Motors Co. plans to boost US pickup truck output. Volkswagen AG warned dealers that it will tack on import fees to the vehicles it ships to the US, while Toyota Motor Corp. is cutting overtime at a factory in Mexico.

The moves show the immediate fallout from car tariffs that took ...

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