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Share of US sold vehicles made in the US:
Tesla, $TSLA: 100%
Rivian, $RIVN: 100%
Ford, $F: 78%
Honda: 64%
Stellantis, $STLA: 57%
Subaru: 56%
Nissan: 53%
General Motors, $GM: 52%
BMW: 48%
Toyota: 48%
Mercedes: 43%
Hyundai: 33%
Volkswagen: 21%
Mazda: 19%
Volvo: 13%
Imports accounted for almost 40% of new cars sold in America last year
Read more: https://t.co/Z9vUC3mL3b
Unusual Whales - News · Imports accounted for almost 40% of new cars sold in America last yearThe announcement of a 25% tariff on all imported passenger vehicles and critical auto parts, set to take effect on April 2, triggered a sharp sell-off in both foreign and domestic auto stocks.
Analysts have long cautioned that such tariffs would likely drive up car prices as the U.S. auto industry scrambles to adapt.
In a Wednesday note, Wedbush analysts described the new tariffs as “a hurricane-like headwind to foreign (and many U.S.) automakers,” warning they could increase the average p