Hyundai, Mercedes-Benz and Kia at Greater Risk from Any Trump Tariffs -- Market Talk

Dow Jones
2024/12/13

0824 ET - Trump's threats to impose steep tariffs on imports puts certain automakers at greater risks than others, the auto-shopping platform CarGurus says in a report. As of last month, Hyundai, Mercedes-Benz and Kia had the highest percentage of their listed models manufactured outside of North America, the report says. The scale of the impact will depend on the timing of policy decisions around tariffs, and whether automakers have enough lead time to adjust their plans before any proposed tariffs are implemented, the report says. (dean.seal@wsj.com)

(END) Dow Jones Newswires

December 13, 2024 08:24 ET (13:24 GMT)

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