According to a report by The New York Times, Volkswagen has informed its dealers in the United States of plans to add an import fee later this month. This will impact the price of imported vehicles sold in the country, although the exact fee would only be determined by the middle of April.
The move comes following the 25% tariff that US president Donald Trump imposed on imported cars that went into effect on Thursday (April 3), with levies on imported car parts set to follow on May 3.
In a memo sighted by the news outlet, dealers were also told by the automaker that it planned to reduce sales incentives and had stopped rail shipments of cars from its plants in Mexico to the United States. Shipments by sea will continue, although cars brought on via this method that are subject to tariffs will be kept in port for “the near term.”
The Atlas and ID.4 are two Volkswagen models currently produced in the US at the company’s Chattanooga plant in Tennessee. Both are expected to be affected by tariffs because they include imported components, although the extent of an expected price increase will only be known next month.
“We have our dealers’ and customers’ best interest at heart, and once we have quantified the impact on the business we will share our strategy with our dealers,” the company said in its memo.
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Perhaps still cheaper
Than importing to MY
USA has shorter tenure for hire purchasing loan and higher down payment percentage compares to your country KEK
pricing to financing? Catch no ball
US tariff is nothing compared to us. We have 100% and AP for the OKU Cronies