Ford warns dealer: Price increase in June by Trump's customs tariffs possible

Ford warns dealer: Price increase in June by Trump's customs tariffs possible

Ford warns his dealers that the tariffs are expected to increase prices in the coming months. This is the latest impact on import tax on the finances of the Americans.

tariffs on imported cars

The 25%tariffs on all imported cars decided by President Donald Trump came into force on April 3. In a memo to the Ford dealers, which was first reported by Automotive news Automobile manufacturers its dealers that the costs of these tariffs will probably be transferred to the prices of some vehicles that will be delivered from June. This is because "certain tariffs are expected to remain in force for at least a certain time."

pricing and availability

"We will increase the recommended sales price (MSRP) for no vehicle that is currently in the inventory of our Ford and Lincoln dealers," said Andrew Frick, President of the Ford unit, who is responsible for retail in the memo. "However, in the absence of major changes in tariff policy, as it has been articulated so far, we assume that we will have to make price changes for vehicles in the future, which is expected to be done with production in May."

Ford confirmed the correctness of the memo towards CNN and added that one could not expect short -term changes to retail prices in your own sales outlets. The vehicles that are produced in May would only arrive at the dealers in June or later.

market and customer reactions

"The customers will have many options, and we have enough inventory to choose from by June 2," said Ford in a statement. "The situation with the tariffs is dynamic and we continuously evaluate the potential effects of the tariff measures."

automobile manufacturers, retailers and American car buyers are preparing for the effects of the tariffs that could mess up the market for car purchase in the coming weeks. Experts say that the 25%tariff could significantly increase the costs of building or importing vehicles. This could also reduce the offer of available vehicles. In view of the administration's plans to collect tariffs to auto parts in the next month, prices for cars could continue to increase, since all vehicles produced in the USA contain some imported parts.

actions of Ford and current developments

Some American car buyers hurried to buy cars when the tariffs came into view. In order to calm down customers, Ford had already announced an "employee price" rabatt offer for buyers of most of his vehicles on April 3, the day on which the tariffs for imported cars came into force. But the Memo of Ford of his dealer network shows that it could soon be inevitable for the Americans to feel the effects of the tariffs on auto prices.

However, there is a little idea of ​​hope, since Trump indicated at the beginning of this week, he may change the tariff policy for auto parts. "I check something that could help some automotive companies because they ... need parts that were made in Canada, Mexico and other places and need a little more time," Trump said in statements to journalists in the Oval Office. "You will bring them here, but you need a little more time."