AD #4044 - Trump to Ease Auto Tariffs, Sorta; GM Reports Weak Q1; iCAR's $15K Chinese Off-Roader
About this episode
Trade groups pressured the Trump administration to ease auto tariffs, leading to partial relief for US-made vehicles and parts, though tariffs on non-US content remain. GM reported weak Q1 earnings and pulled its annual guidance amid tariff uncertainty. Porsche's profits dropped sharply, halting US shipments. Ferrari plans to produce key EV components in-house. Volkswagen may build Chinese Layposs vehicles in Germany. Nissan plans to close its Wuhan plant. The episode also highlights the $15K Chinese electric off-roader iCar V23, Renault's new electric commercial vans, and JLR's reuse of old manufacturing equipment. Mercedes-Benz Truck aims for a unique reverse driving record with its electric semi.
Porsche 1 Porsche
"Speaker 2: It's likely to get worse. Speaker 1: Porsche has stopped shipping cars to its US dealers over the tariff uncertainty, and we estimate that the US accounts for nearly thirty percent of Porsche's profits. Speaker 2: Ferrari says it will build what it."
Chevrolet Volt
"...ndred horse power, and thanks to an eight hundred volt charging system, the vans can charge from fifteen..."
Jaguar Ipace
"...same place where Magna Khan Track manufacture the Ipace and Epace for Jaguar, both of which are no longer..."
Dodge Journey
"... brought to you by Bridgestone solutions for your journey, intrepid control systems over the year, engineer..."
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