this type of comparison is false for many reasons imo.
this type of comparison is false for many reasons imo.
Remember the tariff is applied to the parts made outside the US rather than just country of assembly. I don't believe VW engines and transmissions are made in the US.Audi halted US deliveries.
VW next? Is there any imported VWs? Never cared to check.
View attachment 272548
https://finance.yahoo.com/news/audi-halts-us-deliveries-due-181410385.html
Why?this type of comparison is false for many reasons imo.
Dealerships are in the business of making money. The pandemic hurt a lot, now the tariffs....Wonder how many dealerships will be forced to watch their vehicles just sit..............sit............sit.....on their lots even longer now. They have already been very hard to move, we have all been reading even before the tariffs. I think their total greed factor has finally caught up with them too. They kept creeping prices up no matter how much their profits have increased by moving the majority of everything involved in manufacture of vehicles to the cheapest places on earth. They drove their costs down so their profit margins must have went way up while at same time all they did for consumers is kept raising the prices as much as they figure they can get away with. Maybe they finally crossed a line with many buyers?
Yes business is there to make money. The way dealerships have been making money makes me care a lot less if they go under.Dealerships are in the business of making money. The pandemic hurt a lot, now the tariffs....
It's a mess. Glad I'm not in the car market right now, new or used.
I am not sure what the profitability is, but I'm sure it can vary greatly.Yes business is there to make money. The way dealerships have been making money makes me care a lot less if they go under.
Yeah the crystal ball says, in the next 10 years there could be 2025 NOS brand new cars with window stickers still for sale.Wonder how many dealerships will be forced to watch their vehicles just sit..............sit............sit.....on their lots even longer now. They have already been very hard to move, we have all been reading even before the tariffs. I think their total greed factor has finally caught up with them too. They kept creeping prices up no matter how much their profits have increased by moving the majority of everything involved in manufacture of vehicles to the cheapest places on earth. They drove their costs down so their profit margins must have went way up while at same time all they did for consumers is kept raising the prices as much as they figure they can get away with. Maybe they finally crossed a line with many buyers?
Tarriffs can be used stratigically to protect our industries in certain situations.
Glad I'm not in the car market right now, new or used.
Tariffs worked brillianty in Japan and Korea, after war decemated their industrial/ manufacturing base, and both countries deep in debt.Tarriffs only work in 2 scenarios
1. Industry is about to outsource (take steel in the 70’s and 80’s)
2. A foreign competitor makes something disruptive that you can never recover from usually by being subsidized to a below market .
Once a infrastructure intensive industry leaves it’s never coming back.
Toyota dealer where I got my cars shows cars that are in the pipeline but not yet to their lot. Similarly aggravating.Is it just me, or do dealers seem to be hiding inventory off-site that you also don't see on their websites?
The impression of shortage may be a tool to improve the dealers' leverage in dealing with buyers, or I may be all wet on this.
There could be books written on all the non-tarriff factors that went alongside the recovery in either country. The era it occurred was in no small way important.Tariffs worked brillianty in Japan and Korea, after war decemated their industrial/ manufacturing base, and both countries deep in debt.
A note on Korea (look where Korea is today):
Destruction ratios of major industries during the first four months of the war were estimated as high as 70% of textile industry, 70% of chemical industry, 40% of agricultural machinery industry, and 10% of rubber industry (ECA Report, October, 1950). In addition, the Korea Transportation Ministry statistics revealed that about 600 thousand housing units, 46.9% of railroad, 1,656 roads of a total of 500km, and 1,453 bridges totaling 49km were destroyed during the war. Furthermore, by August of 1951, 44% of factory buildings and 42% of production facilities lay in ruins.
NOPEDo we have an available workforce to fill more lower and middle income positions?
There could be books written on all the non-tarriff factors that went alongside the recovery in either country. The era it occurred was in no small way important.
The most effective tarriff is one that isn’t really needed after a short period of time
Mike Rowe recently reported the U.S. has 7 million able bodied adult males currently not working.NOPE