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New-car prices could rise from $2,500 to $20,000 under President Trump’s tariff regime, depending on where the vehicles are made and the parts that go into them, according to a new report.
A record price gap between new and used vehicles, plus new auto tariffs, could spell more business for used-car retailers such as Carvana. (Angus Mordant/Bloomberg News) Americans love used cars ...
During the COVID pandemic, prices of luxury goods, including classic cars, went through the roof. However, in the current geopolitical and economic landscape, things are much more uncertain.
Auto-market analysts say Canada’s 25-per-cent tariff on U.S.-made vehicles has the potential to increase prices not only for cars affected by the levy, but also for non-tariffed cars and used ...
car insurance would still increase by 5%. Consumers won't feel the pinch immediately, however, since insurance companies can only raise prices when it's time to renew. In addition, insurers would ...
Wells Fargo lowered the firm’s price target on PPG (PPG) to $115 from $130 and keeps an Overweight rating on the shares. Given increased risks in a post tariff world, the firm recommends a more ...
“The price during the pandemic of used cars went up about 8.2% in eight months. And if we saw a similar rise because of these tariffs, we’d see another 5 to 10% over the next 6 to 12 months ...
The markets are anxious about President Trump's trade war. And so are shoppers looking for deals on cars. Right now, the average price for a new set of wheels is around $50,000, and a used car is ...
U.S. vehicle prices are projected to rise sharply in 2025 as Trump’s 25% auto tariffs take effect, according to CNBC. Cox Automotive estimates cost hikes of $6,000 for imported vehicles and over ...
President Trump’s 25% tariff on all cars imported into the U.S. began last week. Yet, the price of many cars today is far from clear. A combination of uncertainty about the tariffs themselves ...
So what is the net impact, the net margin, uh, net price increase? It's, it's a bit tricky to say, but, but I think you're looking at something at least at least 5%. And so if new car prices go up ...
Industry experts expect new and used car prices to rise in the coming months. Meanwhile, some automakers are unveiling promotions to sustain demand. The Trump tariffs may already be changing ...