US car dealers fret
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Industry experts estimate that the parts tariffs alone could increase production costs by $3,000 to more than $12,000 per vehicle for cars assembled at US plants.
From CNN
Automakers sold nearly 1.6 million vehicles in the U.S. in March, up 13.6%.
From Houston Chronicle
Stuart Anderson, from the NI Chamber of Commerce, said the US was a really important market and called on the UK government to "respond really, really clearly" after Wednesday's announcement.
From BBC
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Carmakers are weighing whether and by how much to raise prices, but are reluctant to reveal their plans and risk retribution from President Trump.
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She looked around a used car dealership in Virginia on Thursday, peering at sticker prices with a newfound worry: blanket tariffs on foreign cars and car parts that experts warn could drive up prices in the US.
retail and wholesale. Retail price. This is the higher of the two prices, and is what you would expect to pay for the car if you were buying a car at a dealership. If you are buying it from a ...
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Industry data and economic experts emphasize the need to focus on the facts and long-term trend lines as media coverage and political messaging may not always interpret the information accurately.
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Hosted on MSNMercedes-Benz Ramps Up US Inventory Ahead of Trump's Tariffs, Automakers Consider Future Pricing StrategiesMercedes-Benz is increasing its vehicle inventory across US dealer lots and wholesale channels as it prepares for the implementation of new tariffs on auto imports starting April 3. According to analyst notes from a recent investor call,
The vastness of Magna's facility in Michigan underscores its role as a key cog in the intricate global auto supply chain. The company has 59 facilities in the United States, 50 in