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VW Halts U...
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VW Halts US Shipments, Plans "Import Fee"

  • Volkswagen (VW) has halted US shipments and plans to impose an import fee on its vehicles.
  • In response to the tariffs imposed on imported products, VW will temporarily halt rail shipments from Mexico and hold cars arriving by ship at the port.
  • The automaker will add an undisclosed import fee to the manufacturer's suggested retail price (MSRP) of all imported vehicles to cover the 25% tariff imposed by the US.
  • The move by VW is likely to have a ripple effect throughout the industry, with other automakers also making pricing changes and implementing various strategies.

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