VW Group Freezing U.S. Imports, Audi Holding Cars at Port Due to 25% Tariff

In reaction to the 25% tariff announced by the White House this week, the Volkswagen Group has moved to react to the minimize losses by halting imports of cars into the United States. The move includes Audi. According to statements by the company, cars arriving after the April 2 effective date will be held at ports. At the same time, the manufacturer has instructed dealers to work with the existing inventory of 37,000 vehicles. The number is estimated by Automotive … Continue reading VW Group Freezing U.S. Imports, Audi Holding Cars at Port Due to 25% Tariff