Trump Signs Orders to Scale Back Auto Tariffs
- In the second quarter of 2025, Toyota's sales rose 7.2% while Subaru, Kia, and Nissan experienced declines, reflecting mixed automaker performance.
- President Donald Trump's renewed tariffs and related uncertainty led shoppers to accelerate or delay vehicle purchases, impacting industry dynamics and consumer psychology.
- Automakers have avoided broad price hikes, instead cutting incentives and raising prices selectively, as new car prices rose 1% to $48,799 in June amid record-high monthly payments.
- Edmunds surveys reveal 44% of shoppers will definitely consider tariffs in buying decisions, 58% prefer used vehicles, and nearly 20% took loans with monthly payments over $1,000.
- These trends suggest ongoing price pressures, greater consumer caution, and industry volatility that may persist as automakers and dealers navigate tariff-related challenges.
44 Articles
44 Articles
Car Sales Hit a Wall as Tariff-Induced Shopping Spree Subsides
The springtime surge in US auto sales landed with a thud last month, setting up a slowdown in the months ahead as carmakers digest President Donald Trump’s tariffs on auto imports and consumers find fewer deals.
Auto tariff uncertainty is shaking up car buying decisions | News Channel 3-12
Prostock-studio // Shutterstock Auto tariff uncertainty is shaking up car buying decisions President Donald Trump’s renewed push for tariffs in his second term has ignited uncertainty across the auto industry, bringing fresh challenges just as the market was finding its footing after years of pandemic-driven volatility. Recent court rulings have made it harder for consumers and industry players alike to interpret what’s unfolding and what the co…
Mom spends almost $1,000 on shopping haul - then gov sends her a $372 bill
A MOM was left shocked after she was sent a tariff bill for $372 after a $1,000 shopping haul. The shopper was unexpectedly billed extra for her online orders to take into account the imported goods that are now more expensive. GettyA mom was left shocked after she was sent a tariff bill for $372 after a $1,000 shopping haul.[/caption] AlamyThe chaos surrounding Donald Trump’s tariffs has been ongoing for the large majority of his second term[/c…
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