Trump Teases Exemptions to Tariffs on Cars, Parts
President Trump on Monday floated granting exceptions to steep new tariffs on cars and car parts. Details of such a plan are still scarce.
President Trump on Monday floated granting exceptions to steep new tariffs on cars and car parts. Details of such a plan are still scarce.
Volvo will cut its S90 luxury sedan from the U.S. market due to tariffs, according to a new report.
President Trump today announced a 90-day pause on some tariffs. The White House says tariffs on cars and car parts remain in effect.
Car dealers paid less for used cars at auction in March than in February. But tariffs likely mean prices will rise soon.
Mercedes-Benz will not hike prices to account for new tariffs on cars and car parts for now, according to a new report.
Hyundai and Genesis have pledged to keep prices flat until June. Honda and Toyota have not set a date, but will aim to keep prices steady.
Automakers have paused production or shipment of some cars in an early response to new tariffs. Millions of cars are still in stock at dealerships.
Learn about dealer markup and market adjustments on cars and find out what to avoid when buying a car in today’s auto market.
President Trump’s car tariffs have begun. Early responses include plant pauses, temporary layoffs, and new window stickers.
President Trump enacted a 25% tariff on new cars last night, but car prices didn’t go up 25%. Price changes will be complicated and shifting.