The Pricing Thread + Potential US Tariffs Impact

supraboi

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http://www.motortrend.com/news/future-cars-2019-and-beyond/

What’s New: As Subaru and Toyota combined to create the BRZ and 86 twins, BMW and Toyota joined forces (and split costs) to create the third generation Z4 and fifth generation Supra. BMW supplies the turbocharged inline-6 cylinder engine, rumored to make over 400 horsepower, while Toyota lends chief engineer Tetsuya Tada (who also guided the 86 project). Tada says the car will stay true to the Supra legend, so expect exceptional handling thanks to 50:50 weight balance, a low center of gravity, and active torque vectoring. Just don’t hold out for a manual transmission.

What’s Not: While no longer a 2+2, the “A90” Supra carries on the internal naming convention and will be Toyota’s flagship sports car. Don’t be surprised if Lexus’ rear-drive hybrid system joins the line up.

When: 2019

How Much: $47,000 (est)
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Lexusisf

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$47,000 seems about right but not sure what trim level...

(this thread started June 2014 and the Supra is estimated at dealers June 2019)
 

supraboi

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http://www.autonews.com/article/20180531/COPY01/305319985/trump-mercedes-france-germany-imports

BERLIN -- U.S. President Trump told French President Emmanuel Macron he would block German luxury carmakers from the U.S. market, German magazine Wirtschaftswochereported on Thursday.

An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a United States Embassy spokesman in Berlin referred questions to Washington.

The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron's administration in Paris declined to comment on the report.

The Trump administration last week opened a trade investigation into vehicle imports, which could result in a 25 percent tariff on cars on the same "national security" grounds Washington used to impose metals duties in March.

This could destroy exports by German carmakers, which control 90 percent of the U.S. premium market and are the biggest European Union exporters of cars to the United States.

BMW owns Rolls-Royce, while Daimler has Mercedes-Benz and Volkswagen controls Bentley, Bugatti, Porsche and Audi.

Daimler, BMW and Audi declined comment. Porsche was not immediately available for comment.

Previous comments

Trump has railed against German carmakers before and in early 2017, in an interview with German newspaper Bild, had said he would impose 35 percent tariffs on imported cars.

At the time, the president called Germany a great car producer but said that the business relationship with the United States was an unfair one-way street.

Germany's auto industry association VDA says its members exported 657,000 vehicles to North America last year, with total exports of vehicle components, cars, engines, as well as second-hand vehicles totaling 31.2 billion euros ($36.4 billion) in 2016.

The EU exported cars worth 37 billion euros ($43 billion) to the U.S. last year while imports from the U.S. were worth 6.2 billion euros ($7.3 billion), according to Brussels-based industry association ACEA.

However, German brands also have huge factories in the United States, where they built 804,000 cars last year, VDA said, providing jobs for U.S. workers.

National security

Berlin has reacted angrily to the U.S. vehicle imports investigation, but the head of Germany's BDI industry association Dieter Kempf on Thursday called for prudence in the growing trade tensions between the EU and the United States.

If the EU imposes countermeasures, it must expect Trump to come up with further measures, he told Deutschlandfunk radio.

The threats made to the car sector are part of a bigger trade dispute with the United States.

Trump is expected to decide on Thursday whether to end an EU exemption from tariffs on U.S. imports of steel and aluminium, a move Germany has warned could lead to a trade war.

But late on Wednesday, talks to avoid a transatlantic trade war showed no sign of a breakthrough.

German Finance Minister Olaf Scholz told Reuters there were no signs of a de-escalation and that the EU response to any tariffs must be "clear and strong and smart".

Trump's auto tariff is a test of Franco-German solidarity since French carmakers have hardly any U.S. sales, while German carmakers generate up to 30 percent of global sales there.

A 25 percent tariff would destroy the business case for German carmakers to export to the United States, and mean a 4.5 billion euro hit for Germany's premium manufacturers, analysts at Evercore ISI said in a note last week.

Audi and Porsche are seen to be particularly vulnerable because they do not have U.S. factories, while Mercedes-Benz and BMW have large established plants which could more easily allow them to expand local production capacity if imports were curtailed.
 

Rotaryrunner

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You elected this idiot, now you have to live with it for the next few years :beer:

Sorry guys.
 

vb22

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First, it has a Toyota badge on it, and second, its suppose to be built in Austria, not Germany. I think we're good. :thumbsup:
 

supraboi

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https://www.bloomberg.com/news/arti...rnational-carmakers-getting-targeted-by-trump

Hyundai Says International Carmakers Are Getting ‘Targeted’ by Trump

A top U.S. executive with South Korea’s Hyundai Motor Co.said President Donald Trump has “targeted” international car companies with tariff threats, showing little regard for whether those automakers build vehicles in the U.S. and employ Americans.

“The scary thing is there seems to be a lot of conversation around import-based companies and not even much realization that there’s a huge amount of vehicles produced here by international companies,” Brian Smith, Hyundai Motor America’s chief operating officer, said in an interview. “The whole tariff conversation isn’t around, ‘Well, we’ll produce here in the United States and everything’s fine.’ It’s more about, the international companies seem to be being targeted.”

Smith was among 10 auto executives who met with the president in the White House last month to discuss issues including trade. Within weeks, the Commerce Department began investigating whether imported cars are threatening U.S. national security, and the administration is said to be considering tariffs of as much as 25 percent.

President Trump travels to Canada on Friday for a Group of Seven meeting after having stoked trade tensions with U.S. allies. Hyundai produces more than half the models it sells in America, including the Sonata sedan and Santa Fe sport utility vehicle, at a factory in Alabama that employs 2,700 full-time workers.
 

supraboi

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https://www.cnbc.com/2018/06/27/toy...-auto-tariff-would-increase-cost-of-ever.html

Toyota warns Trump: Car tariffs will increase cost of every vehicle sold in US

• Automaker Toyota said in a statement on Wednesday that a 25 percent tariff on automobiles would increase the cost of every vehicle sold in the United States.
• In May, President Donald Trump directed the Commerce Department to investigate whether car imports were a threat to national security.
• Analysts have said imposing tariffs on car imports would be bad for the industry as a whole.


Automaker Toyota said in a statement on Wednesday that a 25 percent tariff on automobiles would increase the cost of every vehicle sold in the United States.

In May, President Donald Trump directed the Commerce Department to investigate whether car imports were a threat to national security. Commerce Secretary Wilbur Ross has said the investigation would be completed later in the summer, possibly as soon as July.

“A hundred and thirty-seven thousand Americans support their families working for Toyota, and Toyota and Lexus dealerships," the company said in the statement. "They are not a national security threat. Indeed, Toyota operates 10 manufacturing plants in the U.S. We are an exemplar of the manufacturing might of America."

The company noted that the cost of the Toyota Camry, one of the most popular cars sold in America, would go up $1,800. The Camry is manufactured in a Toyota factory in Georgetown, Kentucky.

On Tuesday, the president wrote in a post on Twitter that the Commerce Department was almost done with the study. The president had threatened several days before that his administration would place a 20 percent tariff on car imports.

Analysts and industry leaders have said imposing tariffs on car imports would be bad for the industry as a whole, as well as American consumers.

"Tariffs on imported cars, parts would be broadly credit negative for industry,” Moody’s Investors Service said in a note Monday.

A 25 percent tariff on car imports would cost American consumers $45 billion per year, according to The Alliance of Automobile Manufacturers, a group of the leading carmakers, including Toyota.

Trump has faced increasing pushback for his trade policies. Earlier in the year, the president announced that his administration would impose tariffs on imports of aluminum and steel. Those tariffs were also premised on national security grounds.
 

vb22

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U.S. tells German automakers tariff threat may be abandoned, report says

BERLIN -- The U.S. ambassador to Germany told German automakers that President Donald Trump could abandon threats to impose tariffs on cars imported from the European Union in exchange for concessions, an industry source said on Thursday.

German daily Handelsblatt reported Ambassador Richard Grenell told executives from Daimler, Volkswagen and BMW on Wednesday that Trump would suspend tariff threats if the EU annulled duties on U.S. cars imported into the bloc.

Trump threatened last month to impose a 20-percent import tariff on all EU-assembled vehicles, which could upend the industry's current business model for selling cars in the United States.

German automotive trade body VDA said on Thursday it had repeatedly called for free and fair trade in talks with Ambassador Grenell.

"But it is clear that the negotiations are exclusively being held at a political level," it said in a statement.

It said suggestions about mutually removing tariffs and other trade barriers were positive signals.

Trump's protectionist trade policies, which also target Chinese imports, have raised fears of a full-blown and protracted trade war that threatens to damage the world economy.

German auto industry leaders are making the case to the Trump administration that a trade feud with the U.S. will cause irreparable damage to global business.

The CEOs of The Volkswagen Group, Daimler and BMW Group met Wednesday with the U.S ambassador to Germany to discuss looming U.S. duties on light-vehicle imports from the European Union, according to people familiar with the matter.

The meeting, reported earlier by German business newspaper Handelsblatt, was aimed at forming a direct link to the administration, said the people, who asked not to be named as the talks were private.

The head of parts supplier Continental was also in attendance, one of the people said.

The automaker executives' initiative coincides with new proposals reportedly being considered by EU officials to stave off a worsening global trade war.

President Donald Trump last month proposed a 20 percent levy on imported EU autos, and has ordered a probe into whether imports of cars and car parts are a threat to U.S. national security.

He's also engaged in a tit-for-tat escalation with China, which will result in a 40 percent tariff on U.S.-made cars -- many of them German brands -- shipped into the Asian country.

The proposal being weighed by EU officials would cut tariffs between the world's largest car-exporting nations -- including the U.S., South Korea and Japan, the Financial Times reported Wednesday.

Separately, German Economy Minister Peter Altmaier is traveling to Paris next week to help coordinate a new EU initiative for talks with the U.S. on steel tariffs.

Automakers have responded en masse to the proposed U.S. tariffs on foreign cars, saying they would harm the U.S. auto industry along with players abroad.

The EU isn't allowed under global rules to reduce its 10 percent tariff on American cars unless the bloc either does so for World Trade Organization members as a whole or reaches a bilateral accord with the U.S. that covers "substantially all" two-way trade.

European trade chief Cecilia Malmstrom said last week there is "no way" EU governments would agree to scrap the bloc's car-import duty for all WTO members, leaving the option of going for a broader commercial deal with the U.S.

The EU unsuccessfully sought a permanent waiver from Trump's metals tariffs imposed in March. As part of those demands, the EU said it was willing to start negotiations with the U.S. on a relatively narrow trade deal focused on eliminating tariffs on industrial goods including cars. The offer went nowhere, according to European officials.

"This is what we offered the American administration, under the condition of course that they did not impose those steel and aluminum tariffs," Malmstrom told reporters in Brussels on June 26. "They rejected that offer."
http://www.autonews.com/article/201...omakers-tariff-threat-may-be-abandoned-report
 

Captain_Kirk

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I hope Trump doesn't screw this up for us. Assuming the Supra will be $60k a 20% tariff would be an extra $12k. :banghead:
 

Hoss57

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I am trying to ballpark an MSRP with reason. So at 340bhp and 3,300 lbs cited at the Festival of Speed you are looking at a 370Z Sport, Tech competitor.

The 2018 Z in that configuration has an MSRP of about $37,000. I would be willing to pay a premium for the Supra given the potential of the engine.

The VQ37VHR is basically optimized from the factory. 2 throttle bodies on a 3.7L motor is a lot of intake. Exhaust and tuning doesn't get you much for the money invested. Aftermarket turbo kits are a big investment and is certainly voiding a drivetrain warranty. Also a manual is cheaper than the automatic.

Meanwhile a CGI block with a closed deck, high flow factory heads on boost is an ECU flash away from sizeable gains.

How much more could the MSRP reasonably be aside from dealer markups the first year or so for the MKV?

Asking $10,000 over a similarly equipped 370Z is as far as I could go. Even at this price range the Pony cars are compelling not to mention a low mile C7.
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