Categories: Cars

VW Promises to Keep Pre-Tariff Prices Through June


Automakers are doing their best to insulate buyers from tariff-related costs. Volkswagen, which promised to maintain the current prices on all its models through the end of May, has extended that pricing guarantee through the end of June.

The automaker said in a statement today: “In an effort to keep vehicles affordable for our customers, the brand will cover today’s increased costs.” This, despite it being more expensive “to do business in the current environment,” the company said. The hold on current MSRPs includes the Jetta and Taos, the brand’s entry-level models, which it makes in Mexico.




Photo by: Victoria Scott / Motor1

The company said they “will maintain their accessible price points,” which will include the redesigned 2025 Tiguan, the brand’s best-selling model in America. It starts at $30,920 (all prices include the destination charge), while the Jetta and Taos cost $23,720 and $26,420, respectively.

VW didn’t say what will happen at the end of June. A Reuters report today alleged Volkswagen, along with BMW and Mercedes-Benz, are working to make a deal with the US government regarding the president’s tariffs on imported vehicles. The report says that a deal could happen sometime in June, which would result in the three heavily investing in the country.




Photo by: Anthony Alaniz / Motor1

General Motors is also keeping prices unchanged despite any increased costs. However, it’ll cost the company $4 to $5 billion, and it’s not a route every automaker is taking. Ford had to increase the price of the Maverick, now $30,000, after offering employee pricing on select models.

Aston Martin plans to increase the price of its vehicles, and Volvo plans to pass some of the tariff-added costs onto consumers. Toyota has said that tariffs will result in higher prices, reduced sales, and costlier repairs for customers.

Volkswagen, Reuters



Source link

24timenews.com

Recent Posts

MakeMyTrip Collaborates with Ministry of Tourism for Guided Tours, ETTravelWorld

MakeMyTrip has partnered with the Ministry of Tourism to encourage Indian travellers to discover the…

6 hours ago

Genesis’ New Flagship SUV Will Be Big And Powerful

Leaked technical documents allegedly reveal the specs for the Genesis GV90 electric SUV.  The GV90…

7 hours ago

Immune cells flood into the aging brain, Stanford scientists discover

For decades, scientists have generally viewed the brain's immune system as largely separate from the…

7 hours ago

Microsoft Merges Copilot Apps as Features Disappear Starting Aug. 18

Microsoft is collapsing its consumer Copilot and Microsoft 365 Copilot apps into one experience as…

7 hours ago

Emirates SkyCargo transports Orbitworks’ Altair-1 | News

Emirates SkyCargo has completed the transport of Altair-1, the UAE’s first commercial AI-enabled earth observation…

16 hours ago

Mercedes Thinks The V8 Engine Will Be Around For Another Decade

Mercedes-Benz's head of product management thinks the V8 will be around for 10 more years.…

17 hours ago