Tariff Quote Watch: Mitsubishi’s “Huge Impact” from Car Tariffs Means Price Hikes — Panjiva
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Tariff Quote Watch: Mitsubishi’s “Huge Impact” from Car Tariffs Means Price Hikes

Cons. Discr. - Autos 1176 Japan 599 Quote Watch 452 Tariffs 1791 U.S. 5314

The potential launch of U.S. tariffs on automotive imports has led many of the carmakers to consider their strategic options. Mitsubishi Motors’ North America CEO, Fred Diaz, has indicated tariffs could have a “huge impact” on the company, but an increased scale of production is needed before considering a shift of production to the U.S. In the first instance it will be “forced to pass (tariffs) on to consumers”, making it “difficult” for them to buy cars. Mitsubishi is highly dependent on export markets, which accounted for 67.5% of its Japanese production in the 12 months to Oct. 31 vs...

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