Porsche, Mercedes face $3.7B hit from U.S. auto levies

Porsche production in Zuffenhausen. — Porsche production in Zuffenhausen, Germany. (PORSCHE)

March 28, 2025 08:55 AM

Porsche and Mercedes-Benz will be hit hardest by President Donald Trump’s latest trade salvo, facing a potential €3.4 billion ($3.7 billion) blow from new U.S. tariffs on imported cars.

Featured Stories

Here’s our list of the 2025 Top 150 dealership groups

Dealership groups on 2025 top 150 list compete, consolidate and grow together

Tesla U.S. sales and EV share are in decline. Has the industry disrupter peaked?

Volvo brings back Hakan Samuelsson as CEO as Jim Rowan steps down

Latest News

Daily 5 report for March 31: Why the Renault-Nissan alliance now seems more about Nissan survival; see our 2025 Top 150 Dealership Groups

Karma Automotive solidifies lineup with focus on energy range-extended powertrains

Nissan to get low-cost electric minicar based on €20,000 Renault Twingo

2025 Ram Heavy Duty: Redefining the monster truck with a new diesel

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

GM’s ‘woefully underutilized’ CAMI plant ideal spot for joint GM-Hyundai vans, analyst says

Trump tariffs will force Europe’s automakers to rethink strategy, ACEA says

Porsche, Mercedes face $3.7B hit from U.S. auto levies

Canada’s auto industry outraged over Trump tariffs

Staying current is easy with newsletters delivered straight to your inbox.