US President-elect Donald Trump has vowed to revive the American auto industry, promising to revoke incentives for electric vehicle makers and consumers, as well as tariffs on foreign cars. During his inauguration speech, Trump stated that his actions will “end the Green New Deal” and “save our auto industry.” He also pledged to allow Americans to buy their preferred car without restrictions, stating that “you’ll be able to buy the car of your choice.”
General Motors CEO Mary Barra expressed her willingness to work with President-elect Trump on improving the auto industry. Trump’s promise to overhaul the trade system and protect American workers has been met with optimism from some, while others have expressed concern about potential negative impacts on foreign countries.
Trump aims to create a more favorable environment for American automakers by introducing tariffs and taxing foreign cars, rather than relying on taxes to enrich other nations. The new president-elect is set to begin implementing these changes immediately.
Source: https://www.clickondetroit.com/news/local/2025/01/20/heres-what-president-trump-said-about-the-auto-industry-during-his-inauguration-speech