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Toyota CH-R May Get Screwed By Turkish Trade War

Aug. 17, 2018 4:31 PM ET by Jared Rosenholtz Government / 14 Comments Yet another car affected by a trade war. This week we are testing the 2018 Toyota CH-R for an upcoming review. As a bit of a force of habit, we like to check the VIN to see where the car we are testing was built. The CH-R has an unusual VIN starting with the letter N, meaning it was built in Turkey. We always recommend that people pay attention to where their car is built because we would have assumed that the CH-R was produced in Japan or the United States. So why does all of this matter? Well if you haven't heard, the US hasn't exactly been playing nice with other countries recently. Toyota General Motors has already asked for a tariff exemption on its Chinese-built Buick Envisions SUV. Now Toyota may be in a bit of trouble, as Bloomberg reports that Turkey has just declared a 120% tariff on US-built cars. Turkish President Recep Tayyip Erdogan has responded to US sanctions, which were imposed on the country due to human rights abuses. Turkey imprisoned 50,000 individuals, including 20 Americans, in response to a failed coup d'etat in 2016. Without going too deep into the issue, Turkey will now impose additional taxes on a number of US goods including automobiles. Toyota So where does the CH-R fit in all of this? Since it is built in Turkey, Toyota would stand to lose profit if the US decides to respond with tariffs of its own against Turkey. Turkey exports approximately $25 billion worth of vehicles each year from facilities owned by Toyota, Honda, Fiat, Renault, Hyundai, and Ford. Ford may also be hurt if the US retaliates, as the Transit Connect is built in Turkey and exported to the US. Toyota Toyota Toyota Toyota Toyota Ford

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Toyota C-HR Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top