Good signal for Donald Trump: car sales in the US grow

Good signal for Donald Trump: car sales in the US grow

From the arrival of Donald Trump To the Presidency, the world automotive market is expectant to the measures applied by the US government

European automakers prepare for a stage loaded with uncertainty and bad news for the threat of tariff application.

This measure, according to analysts, would imply Higher cars for American consumers and hit world car manufacturers.

In any case, vehicle sales data in the United States at the beginning of 2025 are positive.

New car sales They registered an increase of 3.8% in Januarycompared to the same period of 2024.

The volumes of 1,112,944 new cars sold, marks the fourth consecutive month of growth and goes to the traditional deceleration that the market usually experiences during the first month of the year due to climatic factors.

Honda, Hyundai and Kia showed the best perfomance, driven by their electric vehicles. Likewise, Japanese brands in general maintained a good rhythm, although Toyota had a small bump.

Now, not everything is pink. The United States was about to apply 25% tariffs to cars made in Canada and Mexico, but, fortunately, the measure was postponed for a month.

Not only the commercial “war” that Trump launched to Europe. It also advances against China and its regional partners Canada and Mexico, whom he anticipated that he would impose tariffs as well, although he later decided to postpone the measure.

In his first term as president of USATrump applied a series of tariffs on washing machines, solar panels and imports of steel and aluminum, which affected countries around the world, political allies or not. During the last electoral campaign, he promised even more and looked at the automotive sector.

In an attempt to increase the United States manufacturing employment, Trump had considered the possibility of adding a 10% tariff to all imports; Then he talked about 20 %. Everything from China would be affected by a 60%devastating tariff.

Hildegard Mueller, President of the German Automobile Association VDA, he said at an annual press conference that Trump announced by Trump would raise inflation in the United States.

“Donald Trump promised in his electoral campaign to reduce inflation,” he said. “In this sense, we expect new discussions on this subject.”

The European car manufacturers They exported almost 740,000 vehicles to the US -some more than 10% of them electric -for an amount of just over 37,000 million euros. And however, Europe barely bought about 272,000 cars produced in the US for a value of less than 9,000 million in that same period.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts