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CNN (July 2)

2018/ 07/ 04 by jd in Global News

“Every US-made car is an import,” which means US automakers could get stung bad by tariffs. According to a measure used by regulators, “the two most ‘American’ cars are both Hondas—the Odyssey minivan and Ridgeline pickup,” each of which boast about 75% of components made in the US or Canada. “The Honda Civic, Acura MDX, Acura TLX and the Mercedes C-class source 70% from the United States and Canada. The highest-ranked car made by a Detroit automaker is the Chevrolet Corvette, which placed seventh” at about 65%. GM has already warned that “tariffs could force the company to cut jobs at US plants due to an expected drop in sales associated with higher prices.”

 

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