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Avoid the "tariff storm"! Americans are buying Autos in advance, boosting sales in the first quarter.
① Before the automotive tariffs imposed by USA President Trump take effect, American consumers made a large-scale purchase of autos in the first quarter of this year, as they feared the tariffs would cause car prices to rise significantly; ② According to industry data company Wards Intelligence, overall, new car sales in the USA in the first quarter were approximately 3.91 million units, an increase of 4.8% year-on-year.
Trump's "Autos tariffs" are under attack again! Michigan business groups: the state's economy may suffer a severe blow.
① Business groups in Michigan warn that tariffs will lead to a significant increase in auto prices, disruption of the supply chain, and severely harm the state's economy and workers' interests; ② According to data from the Detroit Regional Chamber of Commerce, the Autos Industry contributes approximately 300 billion dollars to Michigan's economy each year.
The rush to buy USA Autos before the announcement of "reciprocal tariffs" boosts sales, with automakers experiencing double-digit growth in March.
The rush to purchase before the tariffs take effect has boosted sales, and the performance of American car companies in March is all positive.
Gene Munster Warns Tesla's March Delivery Number Will Be 'Ugly' But June Will Be Uglier
Lucid Group Options Spot-On: On April 1st, 225.98K Contracts Were Traded, With 1.76 Million Open Interest
On April 1st ET, $Lucid Group(LCID.US)$ had active options trading, with a total trading volume of 225.98K options for the day, of which put options accounted for 33.23% of the total transactions,
Trump's "permanent" auto tariffs severely impact Asian auto companies, leading to a collective collapse of most auto stocks. The price increase may become an 'unbearable burden' for the middle class in the USA.
Last week, Trump announced that these "permanent" auto tariffs would take effect this Thursday. The tariffs imposed by Trump have had a significant impact on Auto Manufacturers in Asia.