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Top Canadian Auto Dealer News
Tariffs · United StatesU.S. President Donald Trump on Thursday warned he may soon hike auto tariffs, arguing that could prod automakers to speed U.S. investments. "I might go up with that tariff in the not too distant future," Trump said at a White House event. "The higher you go, the more likely it is they build a plant here."
See the Story
Trump Hints He May Raise Auto Tariffs 'in the Not Too Distant Future'
50% Center coverage: 28 sources
Donald Trump · United StatesBy Keith Naughton, Bloomberg Car buyers will bear the brunt of the $30 billion cost of President Donald Trump’s tariffs, driving up already high US auto prices by almost $2,000 per vehicle, according to consultant AlixPartners. The firm expects auto companies to pass along 80% of the cost of Trump’s tariffs — which it calculates as $1,760 more per car. AlixPartners, as part of its annual global automotive outlook, also cautioned that the adminis…See the Story
Auto Tariffs Seen Hiking Car Prices by Nearly $2,000 per Vehicle
56% Center coverage: 16 sources
Donald Trump · United StatesConsumers' hunger for new vehicles persisted in May, but aff ordability concerns could cool sales this month as dealerships start running short on cars and SUVs delivered ahead of President Donald Trump's 25% tariff s.See the Story
Tariffs Could Test Vehicle Buyers
69% Center coverage: 16 sources
