AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Donald Trump wants to penalize cars produced outside the U.S.

Virgilio Machado by Virgilio Machado
October 23, 2024
in Latest News
Reading Time: 2 mins read
0
Nova geração do BMW M5 já entrou em produção

The crisis facing the European automotive sector could worsen if Donald Trump wins the presidential elections in the U.S. in November.

This is because the Republican candidate seems willing to offer incentives for the purchase of new vehicles, but only for American models, thereby excluding cars manufactured in Asia and Europe.

Although most foreign manufacturers have factories in the U.S. where they produce certain models that could benefit from the tax breaks Trump promises to impose, the truth is that some models produced in Europe will miss out on the incentives.

“I don’t want this to benefit other countries; I want it to benefit us,” said Donald Trump at a rally in Greensboro, North Carolina, as reported by “Bloomberg.”

“The interest deduction is great, but only if the car is made in the United States. Why the hell would we give them tax breaks if they make the cars in China, Japan, or many other places that have stolen our business over the years?”, added the Republican candidate.

Providing tax exemptions for cars manufactured in the U.S. is only part of Donald Trump’s plan to persuade Americans to buy domestically produced vehicles, having also promised to introduce high tariffs on models produced in China and neighboring Mexico.

Tags: ÁsiaAutomóveis americanosAutomóveis europeusConstrutores europeusDonald TrumpEleições presidenciaisEuropaPartido Republicano
Share212Tweet133Send

Related Posts

Incêndio destrói 17 veículos da Tesla em Itália
Latest News

Musk shared the name of Tesla’s low-cost vehicle.

Tesla continues to work on a 100% electric low-cost model, which may partly reverse the trend of declining sales for...

by Virgilio Machado
July 24, 2025
Fábrica da Tesla em Berlim alvo de sabotagem
Latest News

Tesla reports the largest quarterly revenue drop in over a decade.

Tesla has once again reported a decline in profits and revenues, affected by Elon Musk's political involvement. The American electric...

by Virgilio Machado
July 24, 2025
Gran Turismo 7 recebe três ícones japoneses
Latest News

“Gran Turismo 7 receives three Japanese icons.”

Sony and Polyphony Digital announced the arrival of a new free update for Gran Turismo 7, the PlayStation's exclusive racing...

by Virgilio Machado
July 24, 2025
Estrelas do Inter de Milão vão receber elétricos da BYD
Latest News

Stars of Inter Milan will receive electric vehicles from BYD.

The BYD Group, a global technology leader in electric vehicles and electric mobility solutions, will provide around 70 vehicles for...

by Virgilio Machado
July 24, 2025

Recent News

Ferrari’s Charles Leclerc Unleashes Shocking Revelation: Lewis Hamilton Not His Target in F1 Battle

Ferrari’s Charles Leclerc Unleashes Shocking Revelation: Lewis Hamilton Not His Target in F1 Battle

July 24, 2025
Max Verstappen Denies Toto Wolff Secret Meeting Amid Mercedes Speculation

Max Verstappen Denies Toto Wolff Secret Meeting Amid Mercedes Speculation

July 24, 2025
Spotter Drama Unfolds: William Byron’s Switch Creates Chaos Before Ty Majeski’s Crucial Race

Spotter Drama Unfolds: William Byron’s Switch Creates Chaos Before Ty Majeski’s Crucial Race

July 24, 2025
FIA Drama Unleashed: Piastri’s McLaren Clash Over F1 Safety Car Penalty Explodes

FIA Drama Unleashed: Piastri’s McLaren Clash Over F1 Safety Car Penalty Explodes

July 24, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks