Trump's "Made in USA" Challenge
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many automotive partsCNBC
•Technology
Technology
How much would a 100% 'Made in the USA' vehicle cost? It's complicated
84% Informative
The closer an automaker gets to a 100% "Made in the USA " vehicle, the more costs rise, industry experts say.
Even cars and trucks assembled from frame to completion in the U.S. rely on foreign parts and materials.
President Donald Trump has put 25% tariffs on imported vehicles and many automotive parts.
The investment needed for U.S. and Canadian sourcing and added costs would increase exponentially the closer a company came to a 100% "Made in the USA " vehicle.
"The cost gets quantumly more the higher the closer you get to 100% ," Mark Wakefield , a partner and global automotive market lead at consulting firm AlixPartners .
There has been a trend for less U.S./Canadian content because of the globalization of supply chains and Mexico .
No vehicles from Ford or General Motors made the top 10 , while two Teslas , two Hondas and a Volkswagen took the top five spots.
The study ranks 100 vehicles judged through five criteria, including assembly location, parts content, engine origin.
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