Ford Motor can increase prices in its new vehicles if the automatic rate of President Trump continues, according to a memorandum sent to the concessionaires on Wednesday that was reviewed by Reuters.
The car manufacturer Dearborn, Michigan, sacrificed deep discounts on ITUP from this month until June 2. The program will continue, but the price of the new models produced in May and beyond Mayand, said the memorandum.
Automotive News first reported news of the memorandum.
“Customers will have many options, and we have a lot of inventory to choose until June 2. The tariff situation is dynamic and we continue to evaluate the potential impact of tariff actions,” said a Ford spokesman, customs, customers would probably not see an increase until the beginning of July.
Both American car manufacturers and foreigners have rushed to relieve consumers’ conernos on tariffs that inflate costs in concessionaires by offering prices guarantees and substantial discounts.
While the short -term effects of tariffs have increased sales, American car manufacturers have privately warned legislators who will drastically increase prices if tariffs remain in place.
“In the absence of material changes in tariff policy as articulated to date, we anticipate the need to make vehicle price settings in the future, which is expected to occur with May production,” said Ford Andrew Frick Executive in the memo.
Ford will not increase the price of the label in any vehicle currently in inventory in Ford and Lincoln dealers, said the memorandum.
An analysis of the Automotive Research Center published earlier this month revealed that Trump’s 25% rates on automotive imports, implemented on April 3, will increase costs for US car manufacturers by approximately $ 108 billion in 2025.
Ford is among car manufacturers better located at weather rates, as it produces about 80% of its soldier vehicles in the United States nationwide.
Earlier this week, Trump had raised the idea that he was consulting a modification to the car -related tariffs, a suggestion that he could grant exemptions to the encumbrances already in force.