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MotorTrend CEO on why the Ram 1500 won 'Truck of the Year' and what tariffs would mean for US buyers


Published on 2024-12-11 22:02:13 - Yahoo Finance
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  • The MotorTrend Truck of the Year wasn't an EV like the Rivian R1T or Ford F-150 Lightning. A gas-powered truck won top honors.

The article from Yahoo Finance discusses MotorTrend's CEO, Ed Loh, explaining why the Ram 1500 was named the 2019 Truck of the Year. The Ram 1500 was praised for its significant improvements in fuel efficiency, comfort, and technology, including a new mild hybrid system and a more luxurious interior. Loh highlighted the truck's balance of performance, capability, and innovation. Additionally, the article touches on the potential impact of tariffs on the U.S. auto industry, particularly how they could affect truck buyers. Tariffs could increase the cost of imported materials and parts, potentially leading to higher prices for consumers or changes in production strategies by manufacturers. Loh suggests that while tariffs might protect domestic jobs, they could also lead to retaliatory measures from other countries, affecting the global supply chain and ultimately the price and availability of vehicles like the Ram 1500.

Read the Full Yahoo Finance Article at:
[ https://ca.finance.yahoo.com/news/motortrend-ceo-on-why-the-ram-1500-won-truck-of-the-year-and-what-tariffs-would-mean-for-us-buyers-224156636.html ]
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