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Tag Archives: Patrick L. Anderson
Trump Tariffs Hit N.A. Automakers $1.389B
“Tariffs hit North American automakers hard in July,” said Patrick L. Anderson, Principal & CEO of Anderson Economic Group. “The automakers made extensive use of temporary allowances that effectively allowed an exemption for the majority of both parts and vehicles through June. That changed in July for assembled vehicles, and we can expect that these costs will become embedded into the prices consumers are paying in the very near future.” Continue reading
Posted in auto news, customer satisfaction, economy, news analysis, Trump Truth Tests
Tagged Anderson Economic Group, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW, Ford, general motors, honda, hyundai, Ken Zino, kia, mercedes-benz, Patrick L. Anderson, Rivian, Stellantis, tesla, toyota, Trump Tariff Chaos, volkswagen, X @KenAutoinformed
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Trumped Thumped – N.A. Automaker 2025 Tariff Costs $12.5B!
“$12 billion is a hefty bill, and that’s only for cars and parts from two countries,” said Anh Do, senior analyst at Anderson Economic Group. “The total tariff burden borne by the American auto industry and its customers last year is much higher when you include tariffs on steel and aluminum, as well as imports from Europe and Asia.” Continue reading →