1111 ET - Donald Trump's proposed 25% tariffs on cars and auto parts made outside of the U.S. would lead to about $110 billion in additional costs for the automotive sector, or about $6,700 per vehicle, Bernstein analysts say in a research note. Ford and General Motors could face up to 30% declines this year in their earnings before interest and taxes, even if they can pass some of the costs through to consumers and adjust their sourcing, the analysts say. Stellantis would show a little more resilience given the high U.S.-based content of its Mexico-produced models, they say. Tesla is the clear winner of the tariff plan, as it has less trade risk and is more localized in its production, the analysts say. (dean.seal@wsj.com)
(END) Dow Jones Newswires
March 27, 2025 11:11 ET (15:11 GMT)
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