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Armed with these more than 20 strategies for reducing tariff exposure, manufacturers can tap into new opportunities to help keep dollars and margins whole Tariffs on the automotive industry and discover how businesses can adapt to ensure resilience and profitability amid change. Discover how automotive oems can navigate rising tariffs by diversifying suppliers, leveraging total cost of ownership analysis, and applying lean practices to boost efficiency and resilience.
Through shifting shipment strategy, inventory management, investment and production planning and cost management, carmakers are attempting to tackle the tariff charges by being lean and resilient. Explore strategies to navigate the profound impact of u.s Previously, gm ambitiously expected to mitigate as much as half of those costs
Increase domestic manufacturing for both vehicles and parts, reduce costs by as much.
Despite substantial financial and operational hurdles stemming from tariff uncertainty, auto companies have taken an active approach to risk preparedness and mitigation. 10 strategies to mitigate tariffs By proactively adopting a mix of these strategies to mitigate tariffs, companies can not only manage but potentially reduce the impact of higher tariffs. Fresh us tariffs are upending ev strategies, accelerating reshoring, stalling imports and forcing automakers to overhaul production footprints and future investment plans.
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