News of the pause came during White House press secretary Karoline Leavitt’s press briefing on Wednesday. (3 min. read)
But if tariffs last anywhere from four months to two years, car prices could first spike, then settle at a permanently higher level. (3 min. read)
Plus, what it could mean for the industry overall
Automakers and suppliers are already making major changes in their operations in response to the levies. (3 min. read)
Go deeper: 5 min. read
Anderson Economics Group found that even the least impacted models would see price increases of at least $4,000. (3 min. read)
For carmakers—the real headache is the uncertainty. (3 min. read)
Where do you stand?
Some automakers have been more vocal about their concerns, but others are appearing to change their tune on the measures. (3 min. read)
If new car prices get pushed even higher, used car values will likely follow—forcing insurers to pay out more in claims. (4 min. read)
Some of the most notable cost increases have direct ties to the automotive business. (3 min. read)
