Buy Now: VW Promises to Keep Pre-Tariff Prices Through June
Automakers are doing their best to insulate buyers from tariff-related costs.
Volkswagen
, which promised to maintain the current prices on all its models through the end of May, has extended that pricing guarantee through the end of June.
The automaker said in a statement today: "In an effort to keep vehicles affordable for our customers, the brand will cover today's increased costs." This, despite it being more expensive "to do business in the current environment," the company said. The hold on current MSRPs includes the Jetta and Taos, the brand's entry-level models, which it makes in Mexico.
Photo by: Victoria Scott / Motor1
The company said they "will maintain their accessible price points," which will include the redesigned
2025 Tiguan
, the brand's best-selling model in America. It starts at $30,920 (all prices include the destination charge), while the
Jetta
and
Taos
cost $23,720 and $26,420, respectively.
VW didn't say what will happen at the end of June. A
Reuters
report today alleged Volkswagen, along with BMW and Mercedes-Benz, are working to make a deal with the US government regarding the president's tariffs on imported vehicles. The report says that a deal could happen sometime in June, which would result in the three heavily investing in the country.
Photo by: Anthony Alaniz / Motor1
General Motors is also keeping prices unchanged despite any increased costs. However, it'll cost the company
$4 to $5 billion
, and it's not a route every automaker is taking. Ford had to
increase the price of the Maverick
, now $30,000, after offering
employee pricing
on select models.
Aston Martin plans to
increase the price of its vehicles
, and Volvo plans to
pass some of the tariff-added costs onto consumers
. Toyota has said that tariffs will result in
higher prices
, reduced sales, and costlier repairs for customers.
The Latest On Tariffs:
Even Hot Wheels Could Get a Price Hike From Trump's Tariffs
UK Auto Tariffs Slashed in First Trade Deal With US
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Sources:
Volkswagen
,
Reuters
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