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US car buyers face higher prices, less choice

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CNN |
Trump said Wednesday he is imposing 25% tariffs on car parts coming into the US, in addition to fully assembled vehicles.
BBC |
Some analysts have warned that Trump's charges on businesses importing vehicles could lead to the temporary shutdown of significant car production in the US, increase prices, and strain relations with...

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Trump’s tariffs could push up costs even if you’re not buying a new car
President Donald Trump’s auto tariffs could send the cost of a new car soaring. Fixing the car you already have will likely get more costly, too.
How much tariffs could drive up car prices—and how to tell if you should buy now
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New Jersey was once home to the largest automobile assembly plant in the U.S. Here's what to know about Trump's auto tariffs, and its impact on you.
Trump says he 'couldn't care less' about higher car prices
Some analysts have warned that Trump's import charges could lead to the temporary shutdown of some US car production, with increased prices passed onto consumers. But the US president told NBC News on Saturday that he hoped foreign carmakers will raise prices as it meant "people are gonna buy American-made cars - we have plenty".
Trump Team Weighs Broader, Higher Tariffs
An across-the-board hike of up to 20% is back on the table ahead of Wednesday’s deadline.
Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs
U.S. President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he "couldn't care less" if they do.
Car Tariffs to See Vehicle Prices Rise by Thousands: 'Punch to the Gut'
Car dealers in the U.S. are bracing for rising prices as a result of Trump's 25% tariff on cars and car parts imports.
CBS News23h
Trump announces 25% tariffs on foreign-made cars
Meanwhile, car prices are "likely to rise significantly" for consumers, according to Rella Suskin, equity analyst at Morningstar in a Thursday research note. Suskin added, "Domestically produced ...
India Today on MSN5d
Car prices are set to rise again in April. We explain why
Come April, most of the original equipment manufacturers (OEMs) will increase the prices of their passenger vehicles (PVs), owing to a plethora of reasons, from rising input and operational costs to currency depreciation and even to enhance their profitability.
At $7,300, Will This 2014 BMW i3 REX Go The Distance?
When it launched, this oddball BMW cost north of $55k. At a fraction of that price - and with a fraction of the range of current EVs - is it a steal?
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