Is it a "gamble" that Trump will make concessions? Car companies have collectively suspended shipments, and the ports in the USA are already piled up with imported cars!

Some executives in the Autos Industry still hope that the tariffs imposed by Trump on imported Autos will not last too long. However, if the tariff policy in the USA does not soften, the accumulation of imported vehicles at USA ports will become "quite ugly," and the ports will be "rapidly filled" within a few weeks.

wallstreetcnApr 9 16:39

Did the 'Trump tariffs' deal a heavy blow to the Autos industry? Consulting firms predict that sales in the U.S. and Canada could plummet by 1.8 million vehicles this year.

① The automotive consulting firm Telemetry predicts that if the Global trade war escalates, auto sales in the USA and Canada could drop by 1.8 million units this year, and sales will stagnate over the next decade; ② If tariffs last until 2035, sales of light vehicles in the USA and Canada will be about 7 million units lower compared to a scenario without trade conflicts.

cls.cnApr 9 10:42

The negative effects of tariffs are beginning to show: imports of Autos from the USA are gradually "stopping," and businesses are reluctant to invest recklessly in the USA.

① The 25% tariff imposed by President Trump on imported cars took effect last week, causing many Auto Manufacturers to suspend deliveries to the USA market; ② Brands such as Jaguar Land Rover, Stellantis, and Audi have announced a halt to exports to the USA or production in North America; ③ The tariff has had a destructive impact in the short term, and many companies have not yet made the decision to increase production capacity in the USA, which may undermine Trump's ambitions for American manufacturing.

cls.cnApr 9 09:35

Porsche's global delivery volume decreased by 8% in the first quarter, with sales in China dropping by 42%.

German luxury sports car manufacturer Porsche announced on Tuesday that its global vehicle deliveries in the first quarter fell by 8% year-on-year to 71,470 units, affected by a decline in demand in China and Europe. Among these, deliveries in the Chinese market dropped by 42% year-on-year, and deliveries in Europe decreased by 10%. In the German domestic market, deliveries fell by 34% to 7,495 units. However, deliveries in the North American market increased by 37% to 20,698 units, partly due to delays in the delivery of some models in the same period last year related to imports. The day before, German Auto Manufacturers Mercedes-Benz stated that impacted by China.

Global Market ReportApr 8 15:29

Morgan Stanley Maintains Ferrari(RACE.US) With Buy Rating, Maintains Target Price $520

Futu NewsApr 8 14:33 · Ratings

SA Asks: Which of the Detroit Big 3 Can Best Weather Higher Tariffs?

Seeking AlphaApr 8 02:44