智通财经网·2025-10-03 23:40Core Viewpoint - The Trump administration is considering significant tariff reductions for automakers producing vehicles in the U.S., which could substantially lower their current tariff costs [1][2]. Group 1: Tariff Reduction Plan - The proposed plan would benefit major automakers with domestic production in the U.S., including Ford, Toyota, Honda, Tesla, and General Motors, potentially exempting them from import tariffs [1]. - Current tariff relief under a previous plan allows for a deduction of 3.75% of the manufacturer's suggested retail price, set to decrease to 2.5% after April 2026; the Trump administration is contemplating maintaining the 3.75% level for an additional five years and expanding the deduction to include domestic engine production [1]. Group 2: Cost Pressures on Automakers - The U.S. automotive industry is facing high cost pressures due to tariffs, with General Motors estimating a $5 billion cost impact and Ford projecting an additional $3 billion in expenses [2]. - Since May, the Trump administration has imposed a 25% tariff on over $460 billion worth of automotive and parts imports, further increasing the financial burden on automakers [2]. Group 3: Electric Vehicle Market Trends - The U.S. electric vehicle market has seen a significant surge, with over 1 million pure electric vehicles sold in the first three quarters of the year, and a record 438,000 units sold in Q3 alone, raising the market share to 10.5% [2]. - Tesla remains the market leader with a 43.1% share, although it has decreased from 49% at the end of last year; General Motors has increased its market share from 8.7% to 13.8%, ranking second [2]. Group 4: Future Concerns for Electric Vehicle Market - The termination of the federal $7,500 purchase subsidy at the end of September raises concerns about a potential decline in the electric vehicle market, with forecasts suggesting a possible drop in market share from 10%-12% to 5% in the short term [5]. - Comparatively, the U.S. lags behind in zero-emission vehicle adoption, with China and Europe having significantly higher sales figures [5].