Ford, GM, Stellantis Face $41.9 Billion Higher Cost From Tariffs, CAR Report Says

MT Newswires Live
04-11

Ford Motor (F), General Motors (GM), and Stellantis (STLA) are facing $41.9 billion in increased costs from the 25% US auto tariffs, according to a report from the Center for Automotive Research or CAR.

CAR's report also said US President Donald Trump's tariffs on imported auto parts and light vehicles will lead to $107.7 billion in increased costs for all US automakers.

According to the report, the tariffs will impact 6.8 million vehicles produced by Stellantis, Ford, and General Motors.

Stellantis, Ford, and General Motors did not immediately respond to MT Newswires' requests for comments.

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