On March 26, 2025, a 25% tariff on imported passenger vehicles and auto parts was announced. These tariffs have impacted almost every vehicle manufacturer, including Mazda, who has plants in Japan, Mexico, and the US. While some parts of the car industry tariffs have come into effect, others are still to come. Today, your Silver Spring Mazda dealership will help you better understand what the tariffs mean for you.
How Car Industry Tariffs are Impacting Your Next Mazda Purchase from Your Silver Spring Mazda Dealership
Understanding Tariffs and Their Impact on Mazda Vehicles
Tariffs are taxes applied to good imported into the country. The reasoning behind their implementation is to boost domestic production and consumption, which can positively influence the economy. While the importers themselves are responsible for the taxes, they typically make up for the added costs by raising the prices of their goods, making them more expensive for consumers.
Currently, all Mazda vehicles imported from Japan and Mexico are subject to a 25% tariff. This is likely to cause price increases ranging from $2,000 to $20,000 depending on the vehicle. Beginning in May, key auto parts such as engines, transmissions, and electrical components will also be subject to a 25% tariff, which is likely to increase maintenance costs.
Non-Tariffed Vehicles and Parts
Not every vehicle or auto part associated with Mazda is subject to the tariffs. Because of the United States-Mexico-Canada Agreement (USMCA), the US content of USMCA-compliant parts imported into the country from Mexico for use in vehicle assembly are exempt from tariffs. However, because every vehicle contains thousands of parts, it is very likely that almost every vehicle’s price will be affected by the tariffs, even if it is produced in the United States.
Mazda’s US manufacturing plant is located in Alabama, where it produces the CX-50. However, Mazda recently announced that its production would be suspended indefinitely. This is likely to influence the pricing and distribution of this model in the near future.
Tips for Buyers
With so much uncertainty surrounding tariffs and their impact on the auto industry, it can be hard to know what to do as a consumer. We currently have many vehicles in stock that have pre-tariff pricing, and we recommend that you take advantage of these prices while you can, as it is not certain when they will change. We also recommend taking advantage of special offers and discounts while they are available.
The new 25% auto tariffs can be difficult to understand and navigate. Given that Mazda imports almost all of its vehicles and parts, they are heavily impacted by the tariffs. How they and other vehicle manufacturers respond will continue to unfold as time progresses. Contact Koons Mazda Silver Spring in Silver Spring, MD for more information about the impact of tariffs.
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