by Ineos Automotive claims that Europe could and should have avoided the US tariffs.
The introduction of broad tariffs will lead to higher prices for consumers.
The brand’s CEO points to the need for immediate and direct political intervention.
As a relatively small automaker, Ineos will be one of the brands most affected by the broad 25% tariffs, and has sharply criticized the EU for failed negotiations to agree on a solution. With the 25% tariffs imposed on all cars imported into the United States starting from April 3, prices may increase.
Ineos stated in a statement that it was “outraged that the tariff situation with the US was ignored by the EU,” noting that Trump had long clearly defined his plans. “And yet, leaders did not sit down to negotiate a better solution,” added Ineos, noting that the tariffs “could and should have been avoided.”
The British brand sells both the model and the Grenadier Quartermaster in the United States, and although it has prepared for the tariffs, it said that “there are only certain limits to what it can do to protect American consumers from price increases.”
“This is what happens when politicians sit idle,” said Ineos Automotive CEO Lynn Calder. “As a growing EU car brand, we are vulnerable to tariffs, and we need our politicians to support our business, our jobs, and our economies. We need immediate and direct political intervention regarding the tariffs. We will provide all the support we can to our political leaders to maintain level playing fields for small, competitive brands like Grenadier.”
The EU must urgently address this issue
Ineos wants to see action from European leaders on the tariff issue, indicating that only they have the power to address this issue.
Speaking with, European Commission spokesman Olof Gill said that the bloc hopes to find an agreed solution with the US, as it wants to “strengthen these relations, not break them.”
New tariffs. Estimates show that the introduction of a 25% levy on imported cars could force automakers to raise prices by amounts between $6,000 and $16,000 for some of America’s most popular cars. For example, the cost of pickups such as the Chevrolet Silverado and Ram 1500 could increase by more than $13,000 and $15,000 respectively, while prices for popular hatchbacks like and Toyota Corolla could rise by about $7,000 and $6,300.
