19 Dec 2024 3:22 pm
Why do you find it necessary to keep repeating your left-wing opinion stories?jerrab » 19 Dec 2024, 4:04 pm » wrote: ↑ ------------------------------------MEXICO CITY/DETROIT, - U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors, and raise prices of SUVs and pickup trucks for U.S. consumers.GM leads the automakers that export cars from Mexico to North America. The top 10 car manufacturers with Mexican plants collectively built 1.4 million vehicles over the first six months of this year, with 90% heading across the border to U.S. buyers, according to the Mexican auto trade association.Other Detroit manufacturers will likely also feel the pain: Ford and Stellantis are the top U.S. producers in Mexico after GM, whose shares fell on Tuesday, the day after Trump's tariff announcement.GM is expected to import more than 750,000 vehicles from Canada or Mexico this year, with most manufactured south of the border, according to business analytics firm GlobalData.They include some of GM’s most popular vehicles, including nearly 370,000 Chevy Silverado or GMC Sierra full-sized pickups and nearly 390,000 midsized SUVs. GM's Mexican plants also build two of its critical new electric vehicles, battery-powered versions of its Equinox and Blazer SUVs. Those GM models and others are already in the crosshairs of another expected Trump policy: ending a $7,500 EV subsidy, a move first reported by Reuters.
All that US car makers need to do is to make the cars and parts they want to SELL to Americans, IN America! Nobody gives a **** if a GM plant in Mexico sells those cars to Mexicans, Chinese, or any other damn country. And I'll be tickled to death if they eliminate the $7500 EV subsidy! It was a stupid plan and a stupid Biden/Obama policy to encourage Americans to buy **** EVs that are more expensive and less reliable than gas powered cars. And once Trump brings down the price of gas as he did in his last term, the EV market will shrink even further, just as it should!
You want an EV? That's fine! Just don't expect me as a taxpayer to help you pay for it with a government subsidy!