Automotive industry in the United States for prices on imported vehicles

(Testmiles) – In a decision that already sends shock waves in the automotive industry, President Donald Trump announced a 25% Price on vehicles and parts imported from Canada and MexicoThat took effect February 1, 2025. As if that were not enough to make car buyers and car manufacturers sweat, the administration also imposed a 10% of Canadian energy import prices And 25% on Mexican energy importswhat analysts say Make the prices of American gases at least 10 cents per gallon.

What does that mean for your next car?

If you shop for a Chevy Equinox, Toyota Rav4, Ford Bronco Sport, Honda Civic or Nissan SentraAccumulate – Many of these popular models are built Canada and MexicoThis makes them main objectives for price increases related to prices. Car manufacturers are now faced with a difficult choice: absorb additional costs or transmit them to consumers. Spoiler alert: you will probably be a place on the bill.

Take General MotorsFor example. THE Chevy Equinoxthe second best -selling vehicle of the brand in 2024 with More than 207,000 units soldis built in San Luis Potosí, Mexico. Its electric cousin, the Equinox EVWith the Blazer EV and Honda Prologuecomes from Ramos Arizpe, Mexico. Likewise, Ford Mustang Mach-Ewho had a 51,745 record units sold in 2024is assembled in Cuautitlán Izcalli, Mexico.

For some brands, the impact will be massive. ToyotaFor example, built its The best -selling rav4 In Woodstock, OntarioAnd Honda popular HR-V comes from Cesya, Mexico. As these prices reach, prices on these models will almost certainly climb.

Fuel prices also take a hit

If the rise in car prices was not enough, the new energy prices means that you too Pay more at the pump. The United States imports 52% of its foreign oil in Canada and 11% of Mexico. With refiners now forced to pay Steep import taxesThese costs will be transmitted directly to drivers.

Americans can expect At least an increase of 10 cents per gallon at the service station. But if Mexico and Canada ride, it could degenerate, travel, travel on the road and daily records much more expensive.

Will the automotive industry bring production to the United States?

The big question: these prices Forces car manufacturers to put production in the United States? The short answer: no soon.

Although the United States’s travel factories would avoid prices, it is not as simple as returning a switch. Build new plants, re -cut those existing and hire workers take years– No mention of billions of dollars.

Meanwhile, the disturbances of the supply chain could get worse before they improve. Prices could lead to Delays in the reception of vehicles to dealershipsand some manufacturers can reduce production Models completely affected. If this happens, expect even higher Stickers’ prices And longer waiting time For some cars.

How will it have an impact on everyday Americans?

Here is the essential:

• New cars will no longer cost expensive—Ne models in particular from Canada and Mexico.
• Gas prices increasemake driving more expensive.
• Parts and repairs could become more expensiveLike many components are imported.
• Car manufacturers can slow productionleading to Inventory shortages.
• Reprisal rates in Canada and Mexico could degenerate the situation further away.

What can you do now?

If you are on the market for a new car, Buy earlier than late. Dealers can hiking Once the prices come into force and some models could become more difficult to find. It is also worth considering fuel efficient vehiclesBecause an increase in gas prices will eat in budgets.

Final reflections

The 2025 prices are announced One of the largest disruptions in the automotive industry for decades. Although the goal may be to bring manufacturing to the United States short -term reality East higher prices, fuel increases and potential job losses. Whether you buy a car or just fill your tank, Your wallet is about to feel the impact.

Fuck yourself – it will be a mute ride.