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- New rates on Canadian and Mexican imports could increase costs by 25%.
- Analysts predict an increase of $ 4,000 for small cars to $ 12,000 for electric vehicles.
- Even cars assembled in the United States can see cost increases due to parts from abroad.
If you plan to buy a new car in the near future, prepare to pay more. Much more. The 25% prices on imports from Canada and Mexico, announced by President Donald Trump this week, are expected to make your next car purchase much more expensive. These prices could hit your wallet with the strength of a speed RAM at speed.
Plus: BMW is the best exporter of American vehicles by value
Car manufacturing is not a simple business. It is a canvas entangled with parts crossing the borders, being exchanged and sometimes colliding with a customs agent. This complex supply chain means that automobile parts move between the United States, Canada and Mexico several times before assembling the final vehicle. The prices now slapped on the parts and vehicles crossing these borders, the manufacturers rush to adapt.
Who pays the prices? (Index: it’s you)
As a result, several popular models will see production costs increase. Contrary to what you may have heard, prices are not paid by manufacturers or exporting countries. Instead, they are essentially a tax on imported goods, and this cost is transmitted in the supply chain to consumers, which means that you will end up paying this price at the dealer. Even vehicles assembled in the United States will not be safe, because many of their parties come from Canada and Mexico, so they are subject to the same rates.
What cars are affected?
According to government data, 34 models are imported from Canada or Mexico, but this list is actually longer. After digging and collecting data from several sources, including manufacturers’ reports, Business Insider, Detroit Press and NHTSA, we have compiled a full list of assigned vehicles. Keep in mind that we always collect information – so if you notice something that is missing or locate an error, put a comment and we will investigate and update the list.
Vehicles made in Canada and Mexico
BMW – 42.7% of its American range is produced at the national level
BMW 2-Série Coupé / Cabriolet (Mexico)
BMW M2 Coupé (Mexico)
3-series BMW sedan (Mexico)
Ford – 78.3% of its American range is produced at the national level
Ford Bronco Sport (Mexico)
Ford Maverick (Mexico)
Ford Mustang Mach-E (Mexico)
Ford Mustang GTD (Canada)
General Motors – 47.3% of its American range is produced at the national level
Chevrolet Blazer (Mexico)
Chevrolet Blazer EV (Mexico)
Chevrolet Equinox (Mexico)
Chevrolet Equinox EV (Mexico)
Chevrolet Silverado (Mexico)
Chevrolet Silverado HD (Canada)
GMC Sierra (Mexico)
GMC field (Mexico)
Honda – 58.9% of its American range is manufactured at the national level
Honda Cr-V Hybrid (Canada)
Honda Civic Sedan (Canada)
Honda HR-V (Mexico)
Honda Prologue (Mexico)
Acura Adx (Mexico)
Hyundai group – 38.4% of its American range is produced at the national level
Hyundai Tucson (Mexico)
Hyundai Santa Fe (a few, but not all, are imported from Mexico)
Kia K4 (Mexico)
Mazda – 20.3% of its American range is produced at the national level
Mazda CX-30 (Mexico)
Mazda3 (Mexico)
Mercedes -Benz – 36.5% of its American range is manufactured at the national level
Mercedes-Benz GLB (Mexico)
Nissan – 45.6% of its American range is made at the national level
Infiniti QX50 (Mexico)
Infiniti QX55 (Mexico)
Nissan Sentra (Mexico)
Nissan Kicks (Mexico)
Nissan Versa (Mexico)
Stellantis – 68.2% of its American range is produced at the national level
Dodge Charger Daytona (Canada)
RAM 2500 (Mexico)
RAM 3500 (Mexico)
RAM 4500 (Mexico)
RAM 5500 (Mexico)
RAM Promaster (Mexico)
Jeep Compass (Mexico)
Chrysler Pacifica (Canada)
Toyota – 44.1% of its American range is manufactured in the country
Toyota Tacoma (Mexico)
Toyota Rav4 / Rav4 hybrid (Canada)
Lexus NX (Canada)
Lexus RX (Canada)
VW Group – 27.8% of its American range is produced at the national level
Audi Q5 / SQ5 (Mexico)
VW Jetta (Mexico)
VW Taos (Mexico)
VW Tiguan (Mexico)
Accumulation for price hikes – Big
The new prices are not content to add a few additional dollars to the price of the sticker. According to Reuters, the initiates of the industry warn “drastic price increases”. John Bozzella, president of the International Organization of Motor Vehicle Manufacturers (OCICA), a commercial group representing almost all the main car manufacturers, said that some models could see increases up to 25%, “the negative impact on prices and the availability of vehicles” seemed almost immediately.
More: Trump prices could make your car insurance even more expensive in 2025
Bozzella also warned: “You just can’t move automobile production and the supply chain overnight. This is the challenge and the dilemma: automotive prices in North America could eventually increase consumer costs before jobs come back to the country. »»
The parts will also become expensive too
And it is not only whole cars that are imported from American neighbors, but above all, millions of automotive parts. Even vehicles assembled in the United States will feel the bite because parts from Canada and Mexico are subject to prices.
An analysis of Anderson’s economic group estimates that small multisgments could see price increases of at least $ 4,000, larger SUVs and trucks could jump by $ 9,000. Electric vehicles, however, are ready to be hardly affected, with average price increases to reach up to $ 12,000.
Car manufacturers ring the alarm
Unsurprisingly, car manufacturers are not exactly delighted. Stellantis, the parent company of Chrysler, Dodge, Jeep and Ram, sent a letter to its dealer network warning the “cost burden” that these prices will place on customers. They argue that additional expenses would put the brands Chrysler, Dodge, Jeep and Ram to “a competitive disadvantage against Korean, Japanese and European importers”.
Ford CEO, Jim Farley, went further, suggesting that prices could “blow up a hole” in the American automotive industry. And if that was not enough, the American International Automobile Dealers Association (AIADA) has already noted the higher prices of vehicles and parts, as well as the increase in interest rates.
Plus: President Trump provides 25% prices in the EU, including cars
On the contrary, the united workers had positive things to say about the newly introduced prices and the next round which should be imposed next month. The UAW congratulated President Donald Trump for having taken “aggressive measures to end the free trade disaster which fell as a bomb on the working class”.
On the other side of the medal, the United Auto Workers (UAW) are entirely in the price move, praising Trump for having taken an “aggressive action for ending the free trade disaster which fell like a bomb on the working class”. A slightly more optimistic (but still very disorderly) takes the situation.
Production could drop by a third party
CNBC reports that prices may have a major impact on the production of North American vehicles, which could reduce the production of a third party. A study by S&P Global Mobility predicts a deficit of 20,000 units per day, including total North American production from 63,000 to 43,000 vehicles per day.
Currently, 65% of the production of North American vehicles takes place in the United States, 27% in Mexico and 8% in Canada. Although the impact will vary depending on the car manufacturer, analysts provide that these prices could lead to layoffs if they are not lifted or adjusted. So keep an eye on the chronology of vehicle production, things could slow down faster than you expect.
