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Luxurious carmakers flag mixed prices of $889 million as U.S. price lists chew

Luxurious carmakers flag mixed prices of $889 million as U.S. price lists chew

Analysis

Luxurious carmakers flag mixed prices of $889 million as U.S. price lists chew

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Key Issues

  • Luxurious carmakers Porsche, Mercedes-Benz Team and Aston Martin on Wednesday every defined the level to which U.S. import price lists have taken their toll.
  • Jointly, the carmakers warned of mixed prices exceeding 770 million euros ($889 million).
  • “This is not a storm that will pass,” Oliver Blume, chairman of the chief board of Porsche, stated in a commentary.

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