#London #United Kingdom #US Tariffs #Grenadier #INEOS Automotive

INEOS Automotive Raises Alarm Over US Tariff Situation

LONDON, March 27, 2025—In a bold statement released earlier today, INEOS Automotive expressed their outrage over what they perceive as the EU's negligence regarding the tariff situation with the United States. The ongoing discussions have been clouded by President Trump's clear messages about his intentions to impose tariffs on the auto industry, which he argues is needed for fairness and reciprocity.

Despite these declarations, European leaders have reportedly failed to engage in meaningful negotiations to seek a resolution. Lynn Calder, CEO of INEOS Automotive, voiced her frustration, emphasizing that the absence of proactive measures from politicians could have dire consequences for automobile brands based in the EU. "This is what happens when politicians sit on their hands," Calder remarked.

As a growing EU-based automobile brand, INEOS finds itself vulnerable to the potential fallout from these tariffs, leading to a call for immediate and decisive political action. Calder urged EU leaders to support the automotive industry, advocating for the protection of jobs and economies at risk due to tariff policies.

"We need urgent and direct political intervention on tariffs," she stated, emphasizing that without such actions, small and competitive brands like theirs would be at a disadvantage. The CEO acknowledged that while her company had been preparing for tariffs, there are limits to how much can be done to shield US consumers from price increases that would inevitably arise should the tariffs take effect.

Calder's remarks highlight a growing sentiment among EU automotive companies that a collaborative approach is crucial in mitigating the adverse effects of US tariffs. She promised that INEOS would lend its support to political leaders who are willing to advocate for fairness in the competitive landscape of the auto industry. However, she cautioned that tangible results are needed sooner rather than later.

As discussions continue, the impact of potential tariffs looms large over many automobile manufacturers that could face steep price increases. This situation, if not adequately addressed, may not only affect the automotive sector but could also have broader implications for the EU economy as a whole.

In conclusion, the call to action is clear, and the time for EU leadership to engage in deliberate dialogue is now. With companies like INEOS Automotive at stake, the automotive landscape in Europe could change significantly depending on how this situation unfolds.