Categories: Business

Employee prices for all, rates on sticker: OEMs react to prices

VW therefore wants to clearly indicate to customers why some of its products are about to become more expensive, which he considers will start around April 22 or 23. He will do this by adding a new line to the Monroney sticker, with a line for import costs added alongside destination costs, according to a VW memo seen by Automotive News.

Send employees to the house

In the United States, around 3 million people work in the automotive industry in the United States, and it is difficult to see how the sector will avoid job losses as it contracts, in particular once the part of the parts comes into force. (Some pieces can cross the American border more than once in their trip from raw material to the finished component and will become much more expensive, especially since Canada and Mexico will take their own prices.)

Stellantis has a difficult period in North America, when its sales have dropped for the last seven consecutive quarters. Now, some of its Michigan and Indiana workers are among the first to idle due to prices.

The company dismisses 900 workers temporarily in the stamping, casting and transmission factories due to the production of idling in the factories in Windsor, Canada (where 4,500 employees are sent to them for two weeks), and Toluca, Mexico (where workers will always be paid but will not bring the cars this month), according to a letter sent by Stellantis to-Emp RETERNS.

We can expect more car manufacturers to react in the coming days, but the complete effects will be delayed as car manufacturers and their dealers who are exciting the inventory, which can take a few months. One thing is clear: it will be an even lighter moment to buy a new vehicle, the prices of which have already been raised 25% from the 2020 pandemic.

remon Buul

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