Can you elaborate? Because the tax also applies on spare parts, do the car will cost 40% more to purchase (25% is the tax that the manufacturer has to pay, so in order to keep the same net profit margin they had to increase much more the MSRP) AND will cost 40% more to repair
The “import” may have been made in the US and the “local” brand built over there. Granted either likely had parts from anywhere other than where they were assembled. Tarrif hits it all - quality is very much to the model. Stellantis, Mitsubishi are reminders.
Can you elaborate? Because the tax also applies on spare parts, do the car will cost 40% more to purchase (25% is the tax that the manufacturer has to pay, so in order to keep the same net profit margin they had to increase much more the MSRP) AND will cost 40% more to repair
American cars are way less reliable than imports, alwylays have been. It’s always cheaper to own an import because they need less repairs.
You and Trump have the same understanding.
The “import” may have been made in the US and the “local” brand built over there. Granted either likely had parts from anywhere other than where they were assembled. Tarrif hits it all - quality is very much to the model. Stellantis, Mitsubishi are reminders.