US Tariffs Drive Up Car Prices: Automakers Brace for Hikes
Steep import duties on parts are cutting into GM, Ford and Stellantis profits, adding $2K-$5K per vehicle and setting the stage for sticker shock in 2025.
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Trump’s Tariffs to Drive U.S. Car Prices Up by Thousands
President Trump’s new tariff policies could raise U.S. car prices by thousands, significantly impacting consumers and the automotive industry.