this post was submitted on 26 Nov 2024
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politics

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[–] empireOfLove2@lemmy.dbzer0.com 89 points 1 month ago* (last edited 1 month ago) (6 children)

Ford, GM, Chrysler instantly regretting their republican pac contributions as Toyota comes to eat their lunch even harder.

(Toyota assembly and majority sourcing for USDM is done entirely within the US while domestic companies have mostly outsourced to Mexico heavily)

[–] mp3@lemmy.ca 64 points 1 month ago

How can I succinctly put it? Hmm..

[–] JeremyHuntQW12@lemmy.world 14 points 1 month ago

It will affect Canada a lot more.

Even with 25% tariffs, it will still be cheaper to make in Mexico. And they will no longer have to pay the workers the same as the US, as they do under USMC.

[–] Dupree878@lemmy.world 9 points 1 month ago

My dad’s Tundra was built in Indiana My Camaro was built in Quebec

[–] kandoh@reddthat.com 7 points 1 month ago (1 children)

Those companies will just bribe him into writing in an exemption for them.

[–] BrianTheeBiscuiteer@lemmy.world 3 points 1 month ago

Grift >>>>> Governance

[–] GhiLA@sh.itjust.works 7 points 1 month ago

Toyota and Honda(Ohio, baby)

Just got set up.

I hope they both roll strikes because I love em both.

[–] haulyard@lemmy.world 1 points 1 month ago (2 children)

I recently read that the Toyota Crown is assembled in Japan. Has there been any hints of tariffs there?

[–] empireOfLove2@lemmy.dbzer0.com 4 points 1 month ago (1 children)

Correct, that is JP built, along with a cpuple other small name models.... And trump has flat said everything imported is gonna see a minimum 10% tax. seeing as how the Crown made up for <1% of toyota's total sales volume for q3 2024, I doubt there's going to be a huge overall impact to their sales competitiveness vs the Big 3's entire lineup though

[–] JeremyHuntQW12@lemmy.world 2 points 1 month ago

The Camry is imported from Japan. And the Rav4 from Canada.

[–] laurelraven@lemmy.zip 2 points 1 month ago (1 children)

I've never even heard of that model; I could be wrong but I'm having a hard time imagining it makes up a very sizeable chunk of their inventory or sales ledger

[–] Dupree878@lemmy.world 2 points 1 month ago* (last edited 1 month ago)

Me either. I looked it up and I’ve seen one in town parked at Hobby Lobby. It’s an EV or Hybrid crossover that’s replaced the Avalon And it costs Mercedes money anyway so I don’t see how a tariff will matter to potential customers.