Trump Tariffs Pose Risk to Aussie Car Dealers, Auto Aftermarket -- Market Talk

Dow Jones

Jan 17, 2025

2228 GMT - Jefferies assesses what President-elect Trump's tariff threat means for car dealerships and the auto aftermarket, and concludes that it's not good news. Tariffs could lead to significantly higher retail pricing of vehicles and parts coming from China, analyst John Campbell says. That would hurt underlying demand. And given that consumer confidence remains fragile globally, car dealers and aftermarket suppliers may struggle to pass on cost inflation to customers, Jefferies says. That could squeeze their profit margins. "Whilst we feel some of this may be posturing on the part of the President, it remains a risk to both sectors," Jefferies says. It has an underperform call on ARB, and hold calls on Bapcor, Eagers Automotive and Peter Warren Automotive.(david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

January 16, 2025 17:28 ET (22:28 GMT)

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Tariffs could lead to significantly higher retail pricing of vehicles and parts coming from China, analyst John Campbell says. That would hurt underlying demand. And given that consumer confidence remains fragile globally, car dealers and aftermarket suppliers may struggle to pass on cost inflation to customers, Jefferies says. That could squeeze their profit margins. \"Whilst we feel some of this may be posturing on the part of the President, it remains a risk to both sectors,\" Jefferies says. It has an underperform call on ARB, and hold calls on Bapcor, Eagers Automotive and Peter Warren Automotive.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 16, 2025 17:28 ET (22:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Tariffs Pose Risk to Aussie Car Dealers, Auto Aftermarket -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Tariffs Pose Risk to Aussie Car Dealers, Auto Aftermarket -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-17 06:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2228 GMT - Jefferies assesses what President-elect Trump's tariff threat means for car dealerships and the auto aftermarket, and concludes that it's not good news. Tariffs could lead to significantly higher retail pricing of vehicles and parts coming from China, analyst John Campbell says. That would hurt underlying demand. And given that consumer confidence remains fragile globally, car dealers and aftermarket suppliers may struggle to pass on cost inflation to customers, Jefferies says. That could squeeze their profit margins. \"Whilst we feel some of this may be posturing on the part of the President, it remains a risk to both sectors,\" Jefferies says. It has an underperform call on ARB, and hold calls on Bapcor, Eagers Automotive and Peter Warren Automotive.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 16, 2025 17:28 ET (22:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PWR.AU","symbol_name":"Peter Warren Automotive Holdings Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2504325929","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2504325929","pubTimestamp":1737066480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2228 GMT - Jefferies assesses what President-elect Trump's tariff threat means for car dealerships and the auto aftermarket, and concludes that it's not good news. Tariffs could lead to significantly higher retail pricing of vehicles and parts coming from China, analyst John Campbell says. That would hurt underlying demand. And given that consumer confidence remains fragile globally, car dealers and aftermarket suppliers may struggle to pass on cost inflation to customers, Jefferies says. That could squeeze their profit margins. \"Whilst we feel some of this may be posturing on the part of the President, it remains a risk to both sectors,\" Jefferies says. 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And given that consumer confidence remains fragile globally, car dealers and aftermarket suppliers may struggle to pass on cost inflation to customers, Jefferies says. That could squeeze their profit margins. \"Whilst we feel some of this may be posturing on the part of the President, it remains a risk to both sectors,\" Jefferies says. It has an underperform call on ARB, and hold calls on Bapcor, Eagers Automotive and Peter Warren Automotive.(david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 16, 2025 17:28 ET (22:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}