Volkswagen ID. 7 electric cars at the Volkswagen fleet (VW) Electrical Station in EMDEN, Germany, February 18, 2025.
Carmen Jaspersins Reuters
Car manufacturers Volkswagen and Stelantis They confirmed that their cars, which were made in North America, will be exempted from US President Donald Trump was recently released by 25 %while BMW He says he will face the fees, as European car manufacturers wrestle with new commercial rules.
The newly returned White House leader threatens definitions to the main American commercial partners, including Canada, Mexico and the European Union. Last week, new duties entered the goods from Mexico, Canada and China into effect.
The threat of import tariffs has sparked warning bells in Europe, as vehicles and machines are the largest exports of the European Union for the United States. In 2023The European Union has surplus trade 102 billion euros (110.6 billion dollars) in machines and vehicles with the United States, as the category represents 41 % of its exports to America.
However, some car giants in the region may be able to skirt – at least temporarily – around new duties. Last week, the White House was granted Delaying a one -month tariff For the automotive companies whose vehicles are complied with the United States and the parity of the agreement (USCMA)-a The commercial deal Between the three countries. Under its conditions, if at least 75 % of the car parts arise from North America, it can be exempted A new tariff imposed on imports from Canada and Mexico.
“Our vehicles collected in North America meet VW Brand vehicles with USMCA bases and are exempt from the 25 % definitions,” said a spokesman for Volkswagen in an e -mail.
“As the global auto manufacturer, we are closely monitoring developments in North America and evaluating any potential effects on the auto industry and our company as a result of the definitions announced in the United States, Canada, Mexico and the European Union.”
Aside from its leading brand, Volkswagen has many major cars brands including Skoda, Audi and Bentley.
“We are ready to work with policy makers to find solutions that support the United States industry while maintaining economic opportunities for workers, companies and consumers alike,” CNBC.
During, Stelantis – It is known for its pocket compounds and Dodge – to thank Trump to give him a USMCA exemption in a statement on Friday and pledged to develop his American operations. It was a car maker One of the main companies that were given an exemption for one month From the fees, before the so -called mutual definitions that enter into force on April 2.
The company said at the time: “We share the goal of the president to build more American cars and create permanent American jobs.” “We look forward to working with him and his team.”
Stelantis shares, which He has many plants in MexicoIt emerged after Trump announced the exemptions of car makers last week. The stock rose more than 2 % on Monday afternoon in London.
The “volatile and complex” situation
On the other hand, the German auto giant BMW said that if the USCMA list remains, it will be subject to fees.
“The current situation regarding the introduction of the import tariff in North America is very volatile and complex,” said BMW in a statement sent via e -mail. “Connecting the import tariff to compliance with USCMA rules is the last announcement. If this list remains valid, the BMW group will be one of the affected companies.”
The company added: “Our site is still unchanged: free trade, which has always been a guideline of the BMW group, of tremendous importance around the world,” the company added. “It is one of the most important growth and progress engines. Definitions, on the other hand, hinder free trade, slow innovation, and put a negative vortex in movement. In the end, it is harmful to customers, which makes products more expensive and less innovative.”
In a memorandum of customers on Friday, UBS analysts estimated that 10 % of BMW's American unit sales were imported from Mexico at a fairly low price, to a large extent for company forms 2 and 3.
“It is worth highlighting that American BMW imports from Mexico have already been targeted before,” they said. “On an equal footing, the EBIT ~ 400 million euros (before price increase), relatively small in the context of the group (4 %). The possible potential threat to German BMW and OEMS is the potential tariff for manufacturers, which face the deadline on April 2.”
The definitions and repercussions raised the definitions aimed at Canada and Mexico-where there are many global manufactured auto manufacturers-a volatile trade in regional car shares. Last month, after the president announced a 30 -day delay in the fees, the global markets witnessed The main sale of car sharesWith the assessments decrease sharply.
