I think that these protectionist measures are ultimately going to hurt the competitiveness of the US auto industry. Exports and international sales are a big, but not overwhelming part of the revenue for major manufacturers. It's something like 20% of GM's revenue, and maybe 35% of Ford's. When they can't compete internationally, it's small enough that executives will convince themselves to focus on their core market in the US. That will in turn lead to production volumes (and hence economies of scale) slowly dropping. Vehicles from American brands are going to become even more unaffordable than they already are,
At least we can hope that newer manufacturers like Slate and Rivian will keep things reasonable, and major foreign brands like Kia and Toyota might bring the fruits of their knowledge from competing internationally to their US models/factories. I'm not hopeful for the long term future of big three though, especially Stellantis and GM.
At least we can hope that newer manufacturers like Slate and Rivian will keep things reasonable, and major foreign brands like Kia and Toyota might bring the fruits of their knowledge from competing internationally to their US models/factories. I'm not hopeful for the long term future of big three though, especially Stellantis and GM.