1214 ET - Automakers operate on long-term product cycles so they won't be able to quickly shift gears in reaction to tariffs, Edmunds head of insights Jessica Caldwell says. Car makers will have to move production to other regions or find alternative ways to offset higher costs. Still, "there's no escaping the fact that higher costs will ultimately be passed on to consumers," Caldwell says. The companies that make the largest share of their autos in Mexico and Canada are Volkswagen (45%), Honda (41%) and Nissan (35%), according to Edmunds data. Subaru and Mercedes-Benz make less than 5% of their products in those countries. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
March 04, 2025 12:14 ET (17:14 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。