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Carmakers rush to ship vehicles to US ahead of new round of April tariffs

  • Automakers are rushing to ship vehicles to the US before April 2, when President Donald Trump's 25% tariffs on imports from Mexico and Canada are expected to take effect.
  • Karl Brauer, an executive analyst, suggests getting multiple quotes before selling or trading in a vehicle to avoid losing money.
  • Brauer also states that trading in a vehicle at a dealership is the most convenient option for sellers.
  • Driver Jerry Howard prefers selling his older cars privately, emphasizing his preference for keeping transactions within his circle.
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49 Articles

Lean Left

Just over a week before the new U.S. customs duties were expected to come into effect, the president of the Canadian Automobile Parts Manufacturers Association expressed little optimism about the possibility of substantial respite.

·Montreal, Canada
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castanet.netcastanet.net
+7 Reposted by 7 other sources
Center

Possible softening of April 2 tariffs 'zero comfort' for auto sector

Just over a week before new U.S. tariffs are expected to come into force, the head of Canada’s auto parts manufacturing association says he’s not optimistic any meaningful reprieve is in the works. "Until a tariff comes into effect and it affects the U.S. economy ... I'm not con...

·Kelowna, Canada
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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center

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BizToc broke the news in on Sunday, March 23, 2025.
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