INEOS Faces Tariffs and Challenges as It Expands in the US Market

Reported about 23 hours ago

INEOS is navigating challenges related to President Trump's tariffs and the historic 'Chicken Tax' on its Quartermaster pickup truck, which could significantly impact sales. CEO Lynn Calder highlighted that while initial sales were promising, the company is hit with a 50% tariff due to being based in Europe. The possibility of manufacturing in the US and a new midsize SUV, the Fusilier, could help INEOS improve its position in the competitive US luxury SUV market.

Source: YAHOO

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