Massive blow as Japanese car giant moves manufacturing OUT of US in tariff twist

Discussion in 'Wall St. News' started by Pantalaimon, Apr 26, 2025 at 2:16 AM.

  1. "MSN

    Massive blow as Japanese car giant moves manufacturing OUT of US in tariff twist

    President Donald Trump's tariffs just cost America a chunk of Canadian business.

    Subaru, which sold 68,043 cars in Canada in 2024, is reshuffling its supply chain in response to escalating car trade scuffles.

    The company sold over 17,700 American-built vehicles in Canada last year, making up 26 percent of its 2024 sales.

    But the Japanese automaker’s Canadian division will slash US imports to just 10 percent by the 2026 model year, representing thousands of cars and millions of dollars lost.

    The biggest impact will be on the American-built Outback. The popular car will no longer ship north after 2026.

    Instead, it will feature a 'made in Japan' badge.

    Subaru Canada's CEO, Tomohiro Kubota, said the move will 'minimize the impact of the counter surtax,' according to Automotive News Canada.

    For Subaru, it’s cheaper to build and ship cars out of Japan than deal with the political whiplash of US trade policy. "

    https://www.msn.com/en-us/money/com...cturing-out-of-us-in-tariff-twist/ar-AA1DzZ4y
     
    Last edited: Apr 26, 2025 at 2:21 AM
  2. MarkBrown

    MarkBrown

    oh dam the sky is falling
     
  3. Sprout

    Sprout

    The most reliable car brand signals 'pound rocks' to this admin.
    Is MAGA really MAWA? (Weak)
     
    Bad_Badness, comagnum and zdreg like this.
  4. Subaru is inconsequential in the big picture.
     
  5. I like Subaru. Let me guess...you are a proud patriotic American who drives a huge bloaty GMC or Ford Truck or SUV. Every male from the Midwest and South does
    Guitar of Arnie
     
  6. ph1l

    ph1l

    This is only half of the story ...
    https://www.torquenews.com/1084/subaru-outback-leaving-its-us-made-home-whats-replacing-it
     
  7. S2007S

    S2007S

    This is just the start of something major to come within everything industry around the world.


    The shifts in every niche and every industry are going to worsen as this tariff war plays out.

    Its doing more destruction than anyone can comprehend!
     
  8. Picaso

    Picaso

    This is going to be the case with many companies.

    Subaru may be a small company in North America, but it's just the canary in the mine, imho.