Latest news with #GrenadierSUV
Reuters
04-04-2025
- Automotive
- Reuters
Automaker INEOS adjusts pricing as a result of tariffs
DETROIT, April 4 (Reuters) - London-based INEOS Automotive is increasing prices on its premium vehicles as a result of the new 25% tariff on auto imports, the company said Friday. While the smaller automaker said it's "doing all it can" to prevent prices on its France-built vehicles from increasing, it will be raising prices at lower percentage rates than the tariff fee. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here. The automaker, which launched in the U.S. in 2023, said orders placed before April 3, when President Donald Trump instituted the 25% auto tariff, on its U.S. Grenadier SUV will be price-protected without extra charges at the time of delivery. Prices for new orders of the SUV will be held to a 5% increase, the company said, with the new starting price set at $78,855. The INEOS Quartermaster pick-up truck, which is already subject to a 25% tax on imported trucks on top of the 25% import tariff, will see a 10% price increase with its new starting price set at $92,900. North America is INEOS' largest market, accounting for more than 60% of its global sales. The company does not release sales figures.
Yahoo
04-04-2025
- Automotive
- Yahoo
Automaker INEOS adjusts pricing as a result of tariffs
By Kalea Hall DETROIT (Reuters) - London-based INEOS Automotive is increasing prices on its premium vehicles as a result of the new 25% tariff on auto imports, the company said Friday. While the smaller automaker said it's "doing all it can" to prevent prices on its France-built vehicles from increasing, it will be raising prices at lower percentage rates than the tariff fee. The automaker, which launched in the U.S. in 2023, said orders placed before April 3, when President Donald Trump instituted the 25% auto tariff, on its U.S. Grenadier SUV will be price-protected without extra charges at the time of delivery. Prices for new orders of the SUV will be held to a 5% increase, the company said, with the new starting price set at $78,855. The INEOS Quartermaster pick-up truck, which is already subject to a 25% tax on imported trucks on top of the 25% import tariff, will see a 10% price increase with its new starting price set at $92,900. North America is INEOS' largest market, accounting for more than 60% of its global sales. The company does not release sales figures. Sign in to access your portfolio
Zawya
26-03-2025
- Automotive
- Zawya
Honda and Ineos recall cars in South Africa
Car manufacturers Honda Motor Company Southern Africa and Ineos Automotive South Africa have both alerted the National Consumer Commission (NCC) of five vehicles that need to be recalled due to defects. Three of the five vehicles are Honda, and the rest are Ineos. The Civic four-door sedan, the Civic five-door Type R hatchback, and the five-door CR-V SUV from 2022 to 2025 could potentially have an issue with their electric power steering, specifically with the worm wheel, which could result in abnormal noise or dangerous sticking when turning the steering wheel. The issue is global, and 1.7 million vehicles are reportedly affected. Honda has urged consumers to take the affected vehicles to the suppliers to replace the affected parts if necessary. Ineos has recalled its Grenadier SUV and the Quartermaster bakkie. The carmaker notified the NCC that some of its customers reported door buttons remaining in the depressed position when a door is opened from the outside, which Ineos says could cause the door not to fully close and latch as designed. These vehicles were made available nationally at SMH Group Johannesburg and SMG Ineos Grenadier in KwaZulu-Natal and Cape Town. They were also exported to Namibia, Botswana, Kenya, Ghana, Tanzania, Nigeria and Senegal. Customers with affected vehicles are urged to take their vehicles to their nearest or preferred dealerships or authorised repairers to arrange an appointment to have the vehicles inspected and have all door button mechanisms replaced. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
