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Auto, New Car and Tariffs

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The 25% tariffs apply to imported cars to the U.S. and Trump also plans to extend the tariffs to cover car parts, which likely will increase the cost of repairs and insurance.
From Yahoo
President Trump announced a 25% tariff on all foreign-made automobiles.
From Yahoo
Malaysia’s auto sales are forecast to decline 7% to 760,000 units in 2025, CIMB Securities analyst Mohd Shanaz Noor Azam says in a note.
From Wall Street Journal

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Auto tariffs are now in effect: Here's what it means for people buying a car
President Donald Trump’s auto tariffs went into effect Thursday. The 25% tariffs apply to imported cars to the U.S. and Trump also plans to extend the tariffs to cover car parts, which likely will increase the cost of repairs and insurance. These tariffs are also expected to extend to applicable auto parts in the coming weeks, through May 3.
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
Ford offers employee pricing to car shoppers as auto tariffs kick in
Ford Motor on Thursday announced that it would allow car shoppers to buy its 2024-25 vehicles, including gas, electric and hybrid-powered models, at the discounted price the automaker offers to its employees.
President Trump announces tariff on foreign-made automobiles taking effect Thursday
President Trump announced a 25% tariff on all foreign-made automobiles. Those tariffs are set to go into effect Thursday.
Trump: 25% Auto Tariffs Effective at Midnight
President Trump said he is imposing tariffs of 25% on all foreign-made automobiles that will take effect at midnight.
Auto Sales Surged in Anticipation of Trump’s Tariffs
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.
Auto & Transport Roundup: Market Talk
Find insight on Tesla, BlackBerry and more in the latest Market Talks covering the Auto and Transport sector.
New Jersey car dealership seeing "tariff panic"
President Trump's first round of auto tariffs start Wednesday, which means a 25% tax on car imports. That will likely lead to higher prices for customers. CBS News New York's Nick Caloway visited a New Jersey car dealership,
Tariffs have left importers ‘upset,’ with more yet to come
President Trump announced his plans to impose a 25% tariff on all imported vehicles, light trucks and some auto parts. Those tariffs will go into effect on Wednesday, April 2. This latest tariff is yet another addition to the bill of tariffs that the Trump administration has imposed over his first few months in office,

Trump, tariffs and cost of cars

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Analysts from Rosenblatt Securities said in a note Thursday that Apple would need to increase prices for several products to offset an estimated $39.5 billion in costs from tariffs as the company rel...
From Forbes
Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations.
From Bloomberg L.P.
So far, Washington has said the base 10% tariffs will go into effect on April 5 and the higher rates on April 9.
From Reuters

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Here’s What Will Cost More After Trump’s Tariffs: Coffee, Cars—And Possibly A $2,300 iPhone
The price tag for Apple’s iPhones may increase by more than 40% after President Donald Trump announced sweeping reciprocal tariffs on U.S. trade partners, analysts said Thursday, as Trump’s trade policies will likely increase prices across several imported goods, including new cars, coffee, chocolate and other products.
As Trump announces new tariffs, here's a price tracker for cars, groceries and more supplies
CBS News is tracking the rising cost of products most impacted by tariffs already imposed​ and new ones announced by President Trump, from grocery items to cars and trucks.
Trump's auto tariffs to hit $460 billion of US vehicle, parts imports
Donald Trump’s 25% tariff on U.S. auto imports kicks in Thursday, and the levies look set to upend the industry. A Reuters calculation shows the duties will hit some $460 billion-worth of cars and parts every year.
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
Senate narrowly passes measure rebuking Trump on trade after new tariffs are announced
Updates and the latest news as Democrat wins Wisconsin Supreme Court race, Republicans win House seats in Florida and Trump announces sweeping tariffs on imports.
Auto tariffs go into effect at midnight, Trump reiterates
The president said he would go ahead with auto tariffs industry officials say could decimate Michigan's signature industry, as well as other taxes.
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
Trump announces sweeping tariffs
President Trump has announced sweeping tariffs aimed at most if not all of America's trading partners following promises he made while on the campaign trail. But how will they affect the world economy?
President Trump set to enact new, sweeping tariffs
President Trump is expected to announce the details on the tariffs at the White House at 4:00 p.m. Wednesday. Kid Rock has revealed that comedian Bill Maher’s “mind was blown” after his White House sit down with President Donald Trump.
Trump's Tariffs Could Make It Harder To Afford Already Elevated Car Payments
A permanent 25% tariff on all cars made outside the United States went into effect Thursday. This could make car ownership more unaffordable, as many consumers are already struggling with high car payments.
Canada’s Prime Minister Puts Tariffs on U.S.-Made Cars and Predicts Global Upheaval
Mark Carney, a former central banker, also called on ‘like minded nations’ to form a new trading order without the United States.
New-car prices could climb $15,000 under Trump’s tariffs — and ‘no one’ wins, Wall Street analyst says
If you know you need a new car soon anyways, there’s a pretty good argument for acting as fast as you can,” says one car-buying expert.
Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports
Volkswagen will introduce an "import fee" on vehicles affected by 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday. The German automaker has temporarily halted rail shipments of vehicles from Mexico and will hold at port cars arriving by ship from Europe,
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Ford offering steep discounts to counter Trump's tariffs; get deals on these Ford models
The Ford Motor Company is providing to the public its employee financing deals on all new models. Here's the models you can save the most on.
Used-car sellers should benefit from tariffs — here’s why the stocks are down
Shares of Hertz and Avis soared when tariffs on cars were announced last week, but they’re falling now amid worries about a broader bear market and recession.
While Competitors Contend With Tariffs, Ford Is Cutting Prices Even Deeper
Ford Motor announced discounts across multiple models starting Thursday, leaning on its healthy inventory to offer customers thousands of dollars off as competitors hike prices to absorb tariff costs.
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