Tariffs will add about $2,000 to the cost of a typical U.S.-made car and $6,000 to an imported one.
Tariffs will add about $2,000 to the cost of a typical U.S.-made car and $6,000 to an imported one.
A 25 percent tariff on automotive imports, which is really just a tax on consumers, would increase the cost of every vehicle sold in the country, not just those sold by Toyota.
A 25 percent tariff on auto imports would raise the price of new cars sold in the U.S. — even ones built in the U.S., because they typically include parts made elsewhere.
“If President Trump goes through with the tariffs he is pushing on imported cars, trucks and auto parts, it would mark a massive escalation of a trade war whose economic consequences are already hitting home.”
The price of a new car could jump by between $1,400 and $7,000 for top-selling models if the tariffs on imported automobiles and auto parts are implemented, according to the Peterson Institute for International Economics.
Manufacturers around the world are preparing themselves for continued threats to impose higher duty fees on vehicles imported into the United States. These tariffs could lead to more expensive cars for American consumers.
The U.S. auto industry is prospering, and the vast majority of industry stakeholders do not support these proposed tariffs. Automakers and auto parts suppliers constitute the largest U.S. manufacturing sector, and it has enjoyed robust growth over recent years in part due to expanded trade opportunities.
Here For America applauds the introduction of legislation by Senators Portman, Jones and Ernst to fix the misuse of Section 232 of the Trade Expansion Act of 1962.
“A group of automakers teamed up with lawmakers to urge the administration not to impose new taxes on cars, trucks, and auto parts. Lawmakers, builders, and suppliers say the proposed increase could drive down demand and threaten jobs.”
“Sporting signs that said, “Say No to the Car tax,” auto workers rallied outside the Capitol … as Commerce Department officials were listening to car industry officials denounce the idea of a new tariff.”
Congressman Drew Ferguson met with automakers from across the country to discuss the potential impact of Section 232 Auto Import Tariffs on their businesses.
Imposing tariffs on imports of vehicles and parts for national security reasons would harm the auto industry by raising prices, lowering demand and inviting retaliation from trading partners.
One way for companies to offset new costs is to raise prices, and here the tariffs have the potential to do real damage to American consumers. List prices for popular, mid-level vehicles have been projected to rise by anywhere from $1,800 to more than $5,000 if these tariffs are imposed.
Statement from John Bozzella, President and CEO of Global Automakers and spokesperson for Here For America on the joint U.S. – E.U. Rose Garden
announcement: “We are encouraged by today’s U.S.-E.U. agreement to resolve outstanding trade issues. Talks are the right way to go. The answer is more trade, not less.”
John Bozzella, the CEO and President of the Association of Global Automakers, joined Noel King on NPR Morning edition to talk about looming auto import tariffs.
The auto industry implored the Trump administration on Thursday to pump the brakes on a proposal to impose tariffs as high as 25 percent on imported cars and auto parts under the guise of boosting national security.
The Trump administration’s contention that imported vehicles and auto parts are a threat to U.S. national security received scant support and widespread opposition during the first day of Commerce Department hearings in Washington.
John Bozzella said in his testimony prepared for Thursday that Commerce “so far has been unable to outline any theory explaining how the commercial production of cars and trucks is connected to U.S. national security.”
Testimony from the roughly 45 individuals who spoke at the U.S. Department of Commerce hearing on Thursday was overwhelmingly against tariffs.
“Every aspect of the U.S. automotive value chain is united in its concern on this issue,” said John Bozzella, the chief executive of Global Automakers, which represents international car companies. “You cannot find a company that has asked for this protection.” Read more…
Today, international auto employees from across the country led a ‘Drive-In’ in Washington, D.C., to voice concerns over the proposed Section 232 tariffs on auto and auto parts imports. More than one hundred international auto employees pulled up to the U.S. Capitol in a caravan of American made vehicles and were joined by Members of Congress from high auto-production states: Congressman Drew Ferguson (R-GA), Senator Doug Jones (D-AL) and Congresswoman Jackie Walorski (R-IN).
American auto workers from across the country, along with Senator Doug Jones (D-AL), Congressman Drew Ferguson (R- GA) and Congresswoman Jackie Walorski (R-IN), will be holding a ‘Drive-In’ to showcase how tariffs will negatively impact U.S. auto manufacturing.
Global Automakers President and CEO John Bozzella’s testimony in connection with the Section 232 Investigation to Determine the Effects on U.S. National Security of Imports of Automobiles and Automotive Parts on behalf of the Association of Global Automakers and Here for America.
Honda has invested more than $20.2 billion in its American operations and employs 31,000 people across 12 manufacturing facilities in the U.S.
South Carolinians’ jobs, including at the BMW and new Volvo plants, and wallets are at risk in the escalating global fight over tariffs.
Here For America continues to support Senator Corker’s efforts to require Congressional approval prior to the imposition of tariffs or other restrictions on imports for national security reasons.
Honda employs 15,000 associates in Ohio, making it the state’s #1 auto and manufacturing employer.
For the first time ever, Sing for Hope has teamed up with MINI USA for #DrivingHope, a partnership motivated by their shared passion for bringing creativity to communities.
In comments submitted in connection with the U.S. Department of Commerce Section 232 investigation into automotive imports, international automakers pushed back against the Administration’s proposal, based ostensibly on “national security” grounds, to impose high tariffs on vehicle imports and parts.
On Sept. 1, the first 2019 S60 will roll down the line at Volvo’s new South Carolina plant. The plant will build over 60,000 vehicles each year.
Toyota has invested $6 million in 14 new projects as part of their partnership with the University of Michigan this year.
Volkswagen Chattanooga recently celebrated the first graduating class from the Mechatronics Akademie, a two-year mechatronics program at Volkswagen Chattanooga open to eligible high school students of Hamilton County Schools.
Kia donated $15K to the LeBron James Family Foundation to be a part of their support of America’s youth – continuing a partnership that began in 2015.
More than 70% of the vehicles Toyota sells in the U.S. are made in North America.
The Nissan Foundation is awarding $730,000 in grants to 29 nonprofit organizations that promote the value of racial, ethnic and cultural diversity for its 2018 grant cycle.
As Volvo Cars opened its first manufacturing plant in the U.S., Volvo Cars CEO, Hakan Samuelsson, discussed the potential impact of auto tariffs.
Honda’s companies, suppliers and dealers across North America performed 560 acts of service last week as part of the third annual Team Honda Week of Service.
Volvo Cars opened its first U.S. manufacturing plant on June 20th, in Charleston, South Carolina. The company is investing around $1.1 billion in its U.S. manufacturing operations and will create around 4,000 new jobs at the Charleston site over the coming years.
Since Nissan opened their plant in Smyrna, Tennessee in 1983, they have opened 3 more U.S. plants and built 15 million vehicles in the U.S.
President Donald Trump’s push to impose painful tariffs on auto imports has put close U.S. allies in the crosshairs of a global trade row that is riling stock markets and creating uncertainty among auto makers, investors, and governments.
GOP Sen. Pat Toomey on Friday announced that he would back legislation to rein in President Trump’s trade authority, underscoring growing GOP frustration with the administration’s recent policy decisions.
Governor Kay Ivey joined Hyundai Motor Manufacturing Alabama and CEO Dong Ryeol Choi announced that Hyundai is investing $388 million to construct a plant dedicated to manufacturing engine heads.
“The President has raised legitimate issues with respect to China, but no one wins in a trade war. Make no mistake, American customers and American autoworkers will be harmed by these actions.”
Here for America Thanks Senators for Their Support for Legislation Introduced by Senator Corker
For the 17th year, Honda associates have partnered Rebuilding Together to assist in home rehabilitation in two areas: Central Ohio and Dayton.
HFA supports the measure introduced today by Senator Corker to require Congressional approval prior to the imposition of tariffs or other restrictions on imports for national security reasons.
Toyota, Honda, Mercedes Benz, and Hyundai have invested a combined $3.3 billion and created a 5,400 new jobs in Alabama over the past 14 months.
Moraine Valley Community College will become the first college in Illinois to partner with Nissan to train students in the Nissan Technician Training Academy.
For the third year in a row, Hyundai Motor America is giving children ages 7 to 13 the change to take the field and learn from their favorite NFL teams and players.
The President’s decision to impose significant tariffs on steel and aluminum imports from the European Union and our NAFTA trading partners is disappointing and counterproductive. A tariff is a tax and this action will raise prices and hurt American auto producers and their customers.
BMW donated $1 million to the International African American Museum, bringing the waterfront Charleston project within $2 million of its private fundraising goal.
Hyundai announced its inaugural Asian American and Pacific Islander Heritage Month celebration at its U.S. headquarters and their donation of $100,000 to the American Red Cross.
AIADA President Cody Lusk joins NPR’s All Things Considered to discuss the Trump Administration’s steep tariffs on foreign automakers.
Kia Motors Manufacturing Georgia continues to be a significant growth enabler for the West Point community and the Kia brand.
Honda celebrated the start of mass production of all-new 2019 Acura RDX after a capital investment of $54 million into new technologies and processes at the East Liberty Auto Plant.
Statement from John Bozzella, CEO of Global Automakers and spokesperson for Here For America on Section 232.
Since beginning U.S. manufacturing 35 years ago, Nissan now has four U.S. manufacturing facilities capable of producing 1.14 million vehicles, 1.65 million engines, 1.4 million forgings and 456,000 castings annually.
Toyota USA Foundation and Project Lead The Way awarded $400,000 in grants to provide curriculum and teacher professional development focused on STEM.
Honda celebrated the start of mass production of the all-new 2019 Honda Insight in Indiana, announcing $61.5 million in new capital investment in Indiana and Ohio for it’s production.
Honda is investing $29 million at its Russells Point plant to build electric motors for a new hybrid vehicle, which will be built in Indiana.
About 2,000 workers are expected to staff the new Volvo manufacturing plant in Ridgeville, South Carolina.
Honda joined with representatives from area school districts, colleges, and businesses to celebrate a new mobile manufacturing training lab, which will highlight the high tech jobs and equipment that make up the backbone of manufacturing.
Subaru has sold its milestone nine-millionth automobile in the US.
Production of the Subaru Ascent commenced Monday at the automaker’s plant in Lafayette, Indiana, joining the Legacy and the Outback at the automaker’s only vehicle manufacturing site outside of Japan.
Volkswagen Chattanooga, Chattanooga State Community College and Hamilton County Schools celebrated the first graduating class from the Mechatronics Akademie.
This year, BMW Manufacturing announced that it will expand the number of apprentices in its BMW Scholars program to 200, doubling the size of the program. With this increase, BMW will add a fourth education partner in Piedmont Technical College.
During a groundbreaking ceremony for Toyota Mississippi’s new visitor and training center, the company announced it would invest $170 million to build the 12th generation Corolla using Toyota New Global Architecture.
In its second year as a Home is Key sponsor, Nissan donated $1 to Habitat for Humanity every time #HomeisKey was shared on social media, up to $250,000.
Volkswagen and Electrify America announced that it plans to invest in U.S. infrastructure and install electric vehicle stations at more than 100 Walmarts in 34 states by mid-2019.
With a $1.2 billion manufacturing facility scheduled to open in South Carolina in September, Volvo has partnered with a local college to fill the 1,500 jobs the plant will need to run.
As the NAFTA negotiators pause to consider the latest U.S. proposal on auto rules of origin, Here For America companies continue to have concerns about its complexity, equity and achievability.
Nissan has made a $250,000 investment in seven Mississippi historically black colleges and universities (HBCUs) to support STEM programs.
BMW Manufacturing employs more than 10,000 people to produce the X3 and X5 Sports Activity Vehicle.
In the U.S., Rolls-Royce employs more than 7,000 people and has invested over $1 billion in state-of-the-art U.S. facilities over the last decade.
Governor Kay Ivey is leading a small team of Alabama economic development specialists on a business development mission to Japan for high-level meetings with leaders of global automakers Toyota, Mazda and Honda.
From next to nothing, Alabama has become the fifth-largest state for auto manufacturing, fueled by German and Asian carmakers, and its growing. With new jobs coming, analysts expect Alabama to move up in state auto manufacturing rankings in the coming years.
Toyota is teaming with students from Alabama A&M University on an initiative to help solve mobility issues.
Honda Precision Parts of Georgia’s success is the latest story featured in the What Makes a Honda is Who Makes a Honda video series.
Sing for Hope, the nonprofit arts organization, and MINI USA announced #DrivingHope, a partnership motivated by both organizations’ passion for bringing creativity to communities.
Kia Motors America and B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) today announced a multi-year renewal of their partnership, coinciding with National Distracted Driving Awareness month.
Toyota Motor Manufacturing Mississippi is celebrating its 11th anniversary!
For the seventh consecutive year, Nissan North America has been recognized by the U.S. Environmental Protection Agency with the 2018 ENERGY STAR Partner of the Year – Sustained Excellence Award, the highest honor given to organizations dedicated to protecting the environment by making their operations more energy efficient.
Built in Indiana with the battery unit from Ohio, the all-new Insight reflects Honda’s investment in the growing electrified vehicle manufacturing capabilities in America.
Subaru announced its title sponsorship of the annual Subaru Cherry Blossom Festival of Greater Philadelphia for the 15th year.
For the 12th consecutive year, two of Honda’s Ohio automobile manufacturing plants have earned the U.S. Environmental Protection Agency’s (EPA’s) ENERGY STAR certification, while Honda Manufacturing of Indiana (HMIN) achieved the designation for the sixth year in a row.
Alabama’s auto industry continues to dominate on the international stage, as state-built models were shipped to 88 countries around the globe last year.
Reports that the President has requested input from his Cabinet on possible non-tariff barriers for vehicle imports to the U.S. is a bad idea and a pretext for protectionism. We ask the President to immediately reconsider this action.
Hyundai’s $1.7 billion plant in Montgomery, AL is the company’s first U.S. manufacturing facility and employs more than 3,000 people with high-paying jobs and full benefits.
Hyundai Hope On Wheels celebrates its 20th year in the fight against pediatric cancer and announces plans to exceed $145 million toward pediatric cancer research.
Continuing its efforts to help restore marine ecosystems and strengthen resilience against climate change, the Honda Marine Science Foundation will support three projects centered on “living shorelines” along the West Coast.
Toyota and Project Lead the Way awarded $290,000 in grants to 22 K-12 schools in Indiana to help prepare students for future STEM jobs.
Toyota’s Kentucky plant is Toyota’s largest vehicle manufacturing plant in the world, annually capable of producing 550,000 vehicles and more than 600,000 engines.
Mercedes-Benz USA celebrates the grand opening of its all-new, state-of-the-art headquarters in Atlanta, GA, serving as the hub for the Group’s U.S. sales and customer service operations.
WorkOne Southwest, Toyota Motor Manufacturing, and Vincennes University are partnering to help people in Gibson and Vanderburgh Counties earn a GED and become qualified to fill well paying, in-demand jobs in southwest Indiana.
Four Toyota team members were selected to receive the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award through The Manufacturing Institute, an award that honors women who have demonstrated excellence and leadership in their careers and represent all levels of the manufacturing industry.
Volkswagen will invest approximately $340 million in addition to the $900 million it has already invested into its Chattanooga, TN plant to support the production of the new Atlas.
“At the end of the day a trade war will hurt American producers and consumers.”
Mazda and Toyota have established their new joint-venture company “Mazda Toyota Manufacturing, U.S.A., Inc.” that will produce vehicles in Huntsville, Alabama starting in 2021. The facility is expected to create up to 4,000 jobs and Toyota and Mazda are investing $1.6 billion towards this project.
Nissan celebrated the production of its 4 millionth vehicle at its Canton assembly plant as the plant nears its 15 anniversary.
Honda and Toyota were partners in STEM Fest 2018 in Indiana to help expose students to a new wave of STEM jobs.
President Donald Trump said that he will levy tariffs against overseas steel and aluminum and the automotive community is questioning the potential fallout from those plans.
Mercedes-Benz will be investing $1 billion into its Tuscaloosa, AL plant this year, which is expected to help create more than 600 jobs.
Mary Rutan Hospital’s new health center is one of several local hospitals in Ohio that received $600,000 from Honda for improvements.
Toyota teamed up with Collin County Meals on Wheels and VNA Texas – Meals on Wheels to serve meals to seniors in North Texas.
The Indiana Pacers and Honda Manufacturing of Indiana (HMIN) teamed up for the “Dream Big Initiative,” which celebrates the life and legacy of Dr. Martin Luther King Jr. Day and Black History Month.
BMW Manufacturing announced that it exported 272,346 BMW X models from the Spartanburg plant during 2017.
The 2018 Passat GT is the first Volkswagen model to be developed, engineered, and built entirely in the U.S. at the automaker’s Chattanooga plant.
“Exemptions will not address the fundamental problems tariffs will create for U.S. car and truck manufacturing.”
Since the start of production in 2001, Honda Manufacturing of Alabama’s $2 billion facility in Lincoln has incorporated innovative manufacturing technologies shared by Honda facilities around the globe.
Subaru of Indiana Automotive Inc. built 367,000 Hoosier-made vehicles last year. The automaker has operated for almost 30 of Subaru of America’s 50 years, having begun production in 1989.
“In just the last week, the auto industry has been threatened with increased duties on cars from Europe, major tariff increases on steel and aluminum imports, and now linking these tariffs to the future of NAFTA…ill-considered actions like these could reverse all the recent progress made by the U.S. auto manufacturing industry.”
“Europe and America have a long history of investing in each other… There’s simply no benefit to the American worker, consumer, or economy from an escalation here.”
BMW’s plant in Spartanburg, South Carolina built its 200,000th BMW X4, a vehicle that has been in production at the facility since 2014.
While the steel and aluminum producers might get a temporary boost, the steel and aluminum tariffs could also indirectly drive up costs for other domestic manufacturers, including the auto industry.
The Mercedes-Benz auto line that made Alabama a name in the car game will now take the state to the next level, with a $1 billion investment to expand the Tuscaloosa plant to accommodate assembly of battery-powered vehicles.
“We could end up trading away the benefits of tax and regulatory reform, competitive prices, access to export markets, and good American jobs.”
Honda built its 25 millionth automobile in the United States, a 2018 Accord produced at the Marysville Auto Plant in Ohio.
“There are better ways to address concerns about the American steel and aluminum industries. It’s time to go back to the drawing board.”
Toyota Motor Manufacturing, Kentucky, Inc (TMMK) sponsored the 5th annual ACTC/FIVCO Science and Engineering Fair, which showcased 124 student projects.
Honda supports United Way through local events, campaigns, incentive programs and fundraisers. In 2017, Honda companies across the U.S. raised $2 million for United Way.
Nissan partnered with 100 Black Men of America to host its fifth annual Nissan Resume Challenge and Summit in Nashville, helping more than 50 high school students prepare for future success.
Subaru of America, Inc. began producing American-made vehicles on Sept. 11, 1989, with a Subaru Legacy sedan as the first model off the line.
Nissan’s vehicle assembly plant in Canton began producing Mississippi-made vehicles in 2003. The plant now employs over 6,400 Mississippians and builds 450,000 vehicles each year.
Toyota donated $30,000 and a new 2018 Sienna minivan to a domestic violence shelter to provide much-needed transportation.
Honda Manufacturing of Indiana, Inc. in Greensburg began producing American-made vehicles in 2008. The plant now employs over 2,000 Hoosiers and builds 250,000 vehicles each year.
Subaru donated five vehicles to a program at Cañon City High School that gives students a chance to build a career in the automotive industry.
Four classes of 61 engineering students currently receive the $3,000 annual scholarship from the Honda-Ohio State Partnership. Scholars received the Honda-Ohio State Math Medal, which included the scholarship opportunity at OSU’s College of Engineering.
Volkswagen Group of America Chattanooga Operations, LLC (Volkswagen Chattanooga) in partnership with the State of Tennessee, have named eight additional HCDE schools to receive digital fabrication equipment as part of the Volkswagen eLabs initiative.
Hyundai Hope On Wheels provides grants to institutions that are pursuing lifesaving research and innovative treatments for the disease. Since its inception, it has awarded more than $130 million toward cancer research.
Subaru will return to the Philadelphia Flower Show as premier sponsor for the 17th consecutive year to encourage an appreciation of nature’s beauty.
After Riletta Twyne Cream Family School suffered major water damage, Subaru provided all 25 school classrooms with schools supplies.
Hyundai Motor America will donate 1,000 new winter coats to underserved youth in Detroit to continue its commitment to helping serve the needs of the greater Detroit community.
Honda Motor Co. again is shaking up its production to accommodate the seemingly endless demand for the CR-V crossover.
Toyota has invested $373.8 million in five U.S. manufacturing plants to support production of its first American-made hybrid powertrain.
Volkswagen Group of America’s plant in Chattanooga, Tennessee continues to make a positive impact across the state.
BMW Manufacturing employs more than 10,000 people and has invested over $8 billion in its South Carolina operations.
Four of the most-recent [international] commitments alone are expected to add 10,000 jobs and hundreds of thousands of units of U.S. production by 2021.
The factory announced today that it is turning out about 3,000 engines per day, six times the number it produced when the plant opened in 2003.
The all-new 2018 Honda Accord, the 10th generation of America’s most popular car, has earned the prestigious 2018 North American Car of the Year award.
The SIA Foundation awarded a $6,223 grant to teacher Ricci Barber to enhance STEM (Science, Technology, Engineering and Mathematics) education at Battle Ground Middle School.
Mercedes-Benz celebrated a milestone at its Tuscaloosa County plant. Almost 21 years after the plant opened, workers turned out the 3 millionth vehicle assembled there. Employees on the Assembly 2 line, which builds SUVs, enjoyed a special ceremony to commemorate the event.
Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant. The plant, which will employ up to 4,000 people and produce about 300,000 vehicles a year, will be located in Huntsville, Alabama.
Toyota Mississippi employees donated around 4,000 toys to the Salvation Army Angel Tree program. The car manufacturer also presented Salvation Army officials with a check for $15,000 to cover a shortage in the charity’s annual Red Kettle program.
As a partner for MoMA and MoMA PS1 since 2011, the Volkswagen Group of America supports the seventh series of VW Sunday Sessions, a pioneering art program which had been developed and introduced with the help of the Group.
The Insight will be manufactured at Honda Manufacturing of Indiana (HMIN) in Greensburg, alongside Civic and CR-V using domestic and globally sourced parts.
Toyota continues to help victims of Hurricane Harvey. Armed with the tools of the Toyota Production System, the automaker and the national non-profit SBP hopes to speed up the recovery process.
Knudt Flor, head of the BMW Group Spartanburg plant: “We are proud to produce the BMW X7 here in Spartanburg, the home of our X models… Together with the BMW X7, a total of five BMW X models will be exported from Spartanburg to all four corners of the globe.”
Honda Manufacturing of Alabama turned out more than 357,000 vehicles in 2017 at its Lincoln plant, which included a record number of Pilot SUVs.
Subaru of Indiana Automotive (SIA) will invest more than $140 million to add production of the Subaru Ascent in 2018 to meet the growing demand for mid-level vehicles in North America. The company also plans to create up to 200 new jobs by 2018.
Since 2002, Honda’s support of the Living Classrooms Foundation has enabled more than 7,300 students in Washington, D.C. to participate in hands-on educational programs using urban, natural and maritime resources as “living classrooms.”