Trump Tariffs Not a Positive for Automakers, Albertine Says

The transcript discusses the impact of tariffs on automakers like GM and Ford, highlighting potential challenges in auto pricing and leasing trends. It also explores the cost of goods sold, focusing on steel and aluminum sourcing, and the implications for suppliers and manufacturers.

What is one of the main challenges GM and Ford face due to tariffs?

• Higher fuel prices

• Decreased demand for electric vehicles

• Pressure from off-lease vehicles returning to the market

• Increased competition from foreign automakers

How does the return of off-lease vehicles affect the market?

• It increases the demand for new vehicles

• It reduces the pressure on new vehicle pricing

• It creates substitution risk for newer vehicles

• It has no impact on the market

What percentage of the cost of goods sold is related to steel for GM?

• 10-20%

• 20-30%

• 40-50%

• 60-70%

Which material's cost burden is more on the suppliers?

• Plastic

• Aluminum

• Rubber

• Steel

In the context of automotive manufacturing, what is the primary issue with aluminum costs?

• They are decreasing rapidly

• They are irrelevant to the cost structure

• They are more of a supplier issue

• They are unpredictable