Goldman Sachs Hits The Brakes: Auto Tariffs & Slumping Demand May Shake Up Ford, Tesla, Rivian, Lear & Visteon

Goldman Sachs analyst Mark Delaney is hitting the brakes on U.S. auto sales and global production forecasts, citing tariff troubles and weaker consumer demand.Although the reciprocal tariffs announced on April 9 were delayed, still sector-specific tariffs (including auto tariffs) are projected to “remain in place,” the analyst cautions.According to Delaney, the proposed tariffs would raise the cost of importing and manufacturing vehicles in the U.S. by at least a low- to mid-single-digit thousand-dollar lev ...