The US had the best -selling SUV Toyota Rav4 in the year 2024, which is the car of a foreign company.
The US President has announced a 25 percent tariff on cars and components imported from other countries in the US. With this, Americans may have to pay more money to buy foreign cars of their choice in the coming days. Although American car companies themselves are quite strong there, despite many foreign brand cars are the favorite of Americans. According to Edmunds, Toyota’s SUV Toyota Rav4 was the best -selling SUV in the US in 2024.
Demand for these foreign cars in American
According to usimportdata, there is a demand for General Motors’ Chevroolet Silverado, GMC Sierra, Chevroolet Equinox in the US. Toyota rav4, Toyota Corolla, Toyota Camry in Toyota. In addition, Hyundai names Hyundai Elantra, Hyundai Tucson and Hyundai Santa Fe. Nissan Altima, Nissan Rogue, Nissan Sentra are more sold in Nissan. BMW has a demand for BMW 3 Series, BMW X5, BMW X3. The Mercedes Benz has Mercedes-Benz C-Class, Mercedes-Benz Gle, Mercedes-Benz E-Class Favorite. In addition, Americans like Kia Motors’ Kia Soul, Kia Sportage and Kia Sorento cars.
These foreign car companies have a presence in America
Japan’s car brand- Toyota, Nissan, Honda, Lexus, Infinity, Majda
German car companies – Volkswagen, Porsche, Mercedes Benz, BMW, Audi
Italian company – Lamborghini, Alpha Romeo, Ferrari,
Great Britain companies- Rolls Royce, Aston Martin
Companies of South Korea- Hyundai and Kia
America imported so much car
According to Worldstopexports, in the year 2024, the United States imported US $ 219.5 billion cars from a total of 84 countries. The total cost of purchasing cars imported by the US in 2024 last year increased by 50.6% for 2020 compared to $ 145.7 billion. Year after year, US expenditure on imported cars increased by $ 210.3 billion during 2023 to 4.2%.
American importers spent the most on cars coming from these countries
According to the latest data, American importers spent the most on cars coming from Mexico (22.8%of US spending), Japan (18.6%), South Korea (17.3%), Canada (12.9%) and Germany (11.7%) (11.7%).
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