Hey there, auto enthusiasts! In a surprising twist in the global auto market, Audi has put new U.S. shipments on hold following a 25% tariff introduced by U.S. President Donald Trump. 🚗
Starting April 2, vehicles arriving at U.S. ports will be kept from distribution while Audi leans on its existing inventory of about 37,000 cars to cover demand for the next couple of months. This decision is sending shockwaves through the industry!
And it doesn't stop with Audi. Jaguar Land Rover is also halting U.S. deliveries, and Stellantis has temporarily paused production at plants in Canada and Mexico, which has led to the temporary layoff of 900 U.S. employees. Even Ferrari is joining the trend by raising prices on selected models by 10% after April 1. 📈
For young professionals and tech-savvy trendsetters across South and Southeast Asia, this is a cool glimpse into how global trade policies can reshape our favorite industries. With Audi delivering over 164,000 fully electric models in 2024, it shows how innovation and adaptive strategies are key in these dynamic times. Stay tuned for more updates as the auto world navigates these changes!
Reference(s):
Audi halts U.S. deliveries of newly imported cars amid Trump's tariffs
cgtn.com
