The automotive industry operates under a complex global framework of regulations affecting safety, emissions, and tariffs. However, recent changes in U.S. tariff policies introduce uncertainty, potentially costing the industry over $100 billion. A Boston Consulting Group report underscores this shift as one of the most pivotal years for automotive, suggesting that the current economic pressures may reshape not just immediate operations but also the structural foundation of how automakers do business in the long term.
"What we're seeing now is a structural shift, driven by policy, that's likely to be long-lasting," said Felix Stellmaszek, highlighting the turmoil in the automotive industry.
"It’s going to be costly in every sense of that word," reflecting the significant financial and operational impacts of changing tariffs on automakers.
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