Automakers seek 'opportunity in the chaos' of Trump's tariffs
Source: NBC News/CNBC
April 5, 2025, 12:06 PM EDT / Source: CNBC
DETROIT As President Donald Trumps 25% tariffs on imported vehicles were set to take effect, executives at Ford Motor scrambled to figure out how to respond to the new levies. While they and their industry counterparts are still trying to navigate the impacts, Ford decided to move quickly in one area by offering an employee pricing program called From America, For America for U.S. consumers.
Such programs have historically been controversial, as they sell vehicles close to or lower than invoice prices for dealers and eat away at already tight profit margins for the retailers. But Ford decided the time was right to launch the program to promote its U.S. operations the largest among automakers and assist sales amid consumer concerns and economic uncertainty due to Trumps tariffs.
We understand that these are uncertain times for many Americans. Whether its navigating the complexities of a changing economy or simply needing a reliable vehicle for your family, we want to help, Ford said in a statement Thursday morning announcing the program. We have the retail inventory to do this and a lot of choice for customers that need a vehicle.
Its an example of how some automakers are attempting to find opportunity in the chaos or trying to capitalize on the moment amid the tariffs, as several industry analysts told CNBC.
Read more: https://www.nbcnews.com/business/autos/automakers-seek-opportunity-trump-tariffs-rcna199837

underpants
(189,777 posts)What, am I working at _____g CARMAX here?
Tesla won a lawsuit here in Virginia and elsewhere. Manufacturers couldnt sell straight to the public. Dealership groups had that locked in stone for a long time.
IronLionZion
(48,330 posts)especially once we are officially in recession and people can't afford to buy new.
wolfie001
(4,459 posts)My Condo loan in Jan. 2011 was 48,000. That's from an area in Maryland where you could commute to NW DC if you wanted a cheap place to live and own.
IronLionZion
(48,330 posts)The 2025 Nissan Versa is currently the cheapest new car in the US, with a starting price of $18,330, followed by the 2025 Hyundai Venue at $21,550 and the 2025 Chevrolet Trax at $21,795.
Those are all imported.
I am way below average apparently.
cstanleytech
(27,507 posts)A hell of a lot better than the Ford Focus we used to have which sucked when it came to comfort.