German luxury car giant Audi has slammed the brakes on U.S. deliveries for vehicles imported after April 2, reacting to a 25% tariff spike introduced by former U.S. President Donald Trump. 🛑 The move freezes roughly two months' worth of incoming inventory, though Audi says its existing 37,000-car stockpile will cushion immediate shortages.
🚘 Why It Matters: This isn’t just an Audi problem. The auto industry is scrambling as Trump-era trade policies create new speed bumps:
- JLR (Jaguar Land Rover) paused April shipments, impacting 100,000 annual U.S.-bound vehicles.
- Stellantis (Chrysler, Jeep) halted production in Canada and Mexico, laying off 900 U.S. workers.
- Ferrari added up to $50,000 to some models 💸—because even luxury isn’t tariff-proof.
Volkswagen AG, Audi’s parent company, plans to pass import costs to consumers, hinting at pricier tags ahead. Meanwhile, Audi’s 2024 electric vehicle sales dipped 8% globally—a sign EVs aren’t immune to market turbulence. 🔋
🌐 The Bigger Picture: With 1.7 million vehicles delivered globally last year, Audi’s U.S. freeze highlights how trade wars ripple through supply chains. For young professionals and car enthusiasts, it’s a reminder: politics shifts gears faster than a sports car.
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Audi halts U.S. deliveries of newly imported cars amid Trump's tariffs
cgtn.com