Tuesday, February 07, 2017

Import Tax on Cars? Some Answers

From Automotive News today.

...the policy would deliver the sharpest blow to Jaguar Land Rover while giving a leg up to Ford Motor Co. and Tesla Inc....

Yah, about $17K per Jag or Land Rover.  About $0 for a Tesla.

...Ford, with significant domestic manufacturing, would need to mull the smallest price hike among major automakers, at about $282 per vehicle, followed by General Motors at $995, according to the report. The estimates aim to show the relative impact of the tax plan on each automaker...

Study was done by Baum & Associates.


...In its current form, the proposed border tax could lead to the production of up to 1 million additional vehicles in the U.S. and 50,000 more jobs at car and part assembly plants, Luria [ economist at the Michigan Manufacturing Technology Center in Ann Arbor] said.

50,000 jobs at total annual comp around $85K/year is not bad at all.

1 comment:

Anonymous said...

winning ...bigly, bitchez