Audi, SEAT, ŠKODA and Volkswagen
According to Which.co.uk, Volkswagen and its sister brands (Audi, SEAT and ŠKODA) say they ‘may need to adjust car prices to reflect any imposed new vehicle import tariffs or in line with market conditions’. This is no surprise considering every one of these brands would face the 10% tariff increase and import thousands of cars to the UK every year.
Which.co.uk also confirms that Honda is offering price protection, saying: “Honda has confirmed that ‘when a customer orders a Honda car, the price is protected and it doesn’t matter if the car is in the country. We always price protect at point of order’.”
As Honda is not based primarily in the UK or EU and imports lots of its models from Japan and the US, the company already pays the usual 10% World Trade Organization tariffs, hence why the tariff increase will not affect the prices of new Honda cars in the UK.
However, Honda has confirmed that the new border controls could make importing cars and parts ‘more challenging, time consuming and costly’, and have warned that because of this there ‘could potentially be an impact on our pricing’.