Afghanistan, April 3 -- The recent imposition of a 25% tariff on imported automobiles and auto parts by the U.S. administration has ignited a complex debate about the future of the American automotive market. This policy aims to bolster domestic manufacturing by making foreign vehicles less competitive price-wise. However, with Japanese brands like Toyota and Honda, and European manufacturers such as BMW and Mercedes-Benz, commanding significant market shares, concerns arise about whether U.S. automakers can adequately fill the void if imports from these regions decline due to increased costs.
As of 2024, the U.S. automotive landscape was a mix of domestic and international players. General Motors led with a 16.8% market share, followed by...