Latest news with #autoPrices
Bloomberg
4 days ago
- Automotive
- Bloomberg
Auto Tariffs Seen Hiking Car Prices by Nearly $2,000 Per Vehicle
Car buyers will bear the brunt of the $30 billion cost of President Donald Trump's tariffs, driving up already high US auto prices by almost $2,000 per vehicle, according to consultant AlixPartners. The firm expects auto companies to pass along 80% of the cost of Trump's tariffs — which it calculates as $1,760 more per car. AlixPartners, as part of its annual global automotive outlook, also cautioned that the administration's anti-electric vehicle policies risk relegating American automakers to bit players in the global EV market.
Bloomberg
06-06-2025
- Automotive
- Bloomberg
Carmakers Use Stealth Price Hikes to Cope With Trump's Tariffs
Car buyers racing to get ahead of President Donald Trump's tariffs face an uncomfortable truth — the trade war is already boosting US auto prices, often in ways nearly invisible to consumers. The sticker price on a particular make and model may not have changed, at least not yet. But automakers have been quietly cutting rebates and limiting cheap financing deals, adding hundreds of dollars to buyers' monthly payments even as the companies say they're holding the line on pricing. Several have boosted delivery charges — a fee everyone must pay when buying a new vehicle — by $40 to $400 dollars, according to automotive researcher Inc.
