A new analysis by Anderson Economic Group has estimated that the revised tariffs imposed on auto parts by President Trump will result in tariff costs ranging between $2,000 and $12,000 per vehicle. The estimates suggest that some vehicles, such as those assembled in Mexico or containing substantial foreign parts content, may face higher tariff costs of up to $15,000.
The analysis breaks down the tariff impact into three categories: lower impact, medium impact, and high impact. Vehicles with substantial US parts content will face a tariff cost of $2,000 to $3,000 per vehicle, while those with medium levels of US parts content may see a tariff cost of $4,000 to $8,000.
However, some vehicles, such as full-size luxury SUVs and all-electric vehicles, will fall into the high impact category and face tariffs ranging from $10,000 to $12,000. The Ford Mach-E, assembled in Mexico, is estimated to still face a tariff exceeding $12,000 despite the revised executive orders.
The changes introduced by Trump aim to provide some relief to automakers who assemble vehicles in the US but use foreign parts in them. However, the study’s lead author notes that while the adjusted policy provides significant softening of the cost impact for US-assembled vehicles, it still imposes substantial costs on many American cars and trucks.
GM has disagreed with some of Anderson’s findings, stating that its tariff exposure on large SUVs is overstated.
Source: https://eu.freep.com/story/money/cars/2025/05/01/economists-tariff-costs-per-vehicle/83388348007