According to foreign media reports, on November 29, S & P Global said in a report that if the United States impose import tariffs on Europe, Mexico and Canada, the total core profit of European and American auto manufacturers may be It will lose as high as 17%and warn that the credit rating of relevant enterprises may be reduced.
S & P said that Volvo and Jaguar Land Rover are mainly produced in European luxury car manufacturers, as well as general cars and Stellandis groups that assemble a large number of cars in Mexico and Canada, the most vulnerable threats to tariffs.
The United States elected President Donald Trump previously stated that it will impose 25%additional tariffs on goods imported from Canada and Mexico, until the two countries take measures to solve illegal immigrants. But this measure seems to violate the free trade agreement between the three countries.
Analysts and experts are worried that tariffs on European auto manufacturers such as Volkswagen and Stellantis and their suppliers may be more destructive than the direct tariffs on EU products.
S & P said: “We predict that response measures will make potential higher tariffs controlled, but tariffs, more stringent carbon emissions supervision in Europe in 2025, and comprehensive comprehensive comprehensive competition in China and Europe’s competition. Impact may increase the risk of corporate credit rating. “
S & P said that the worst situation of car companies includes 20%of tariffs on light cars imported from the European Union and the United Kingdom, and a 25%tariff on cars imported from Mexico and Canada.
According to the analysis of Standards, in this case, in 2025, General Motors, Stellandis, Volvo and Jaguar Land Rover may have more than 20%of postponement of postponed tax depreciation and pre -amortization of profits. The risk of Volkswagen and Toyota is between 10% and 20%, and the risk of BMW, Ford, Mercedes -Benz and Hyundai is less than 10%.