German carmaker Audi is halting deliveries of its vehicles to the US due to the new tariffs on automobiles imposed by US President Donald Trump, the newspaper Automobilwoche has reported.
Trump’s 25% levy on car imports took effect last week as part of a series of “reciprocal” measures that have rattled global markets.
A spokeswoman for Audi told the outlet on Monday that a letter had been sent to dealers instructing them to withhold all vehicles that arrived after April 2. Dealers were also urged to focus on reducing existing inventory.
Audi currently has more than 37,000 vehicles in stock in the US that are not affected by the new tariffs and can be sold, the spokeswoman said, adding that this inventory should last about two months.