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President Donald Trump’s auto tariffs will cost Ford $1.5 billion this year, but the automaker said Monday it does not expect overall US car prices to rise significantly as a result. Ford CFO ...
Excluding those measures, Ford expects tariffs to cost it $2.5 billion. General Motors said last week that the tariffs would increase its costs by $4 billion to $5 billion this year, but it hopes ...
May 2 (Reuters) - Canadian auto parts supplier Magna International (MG.TO), opens new tab said on Friday that it plans to implement cost-saving measures to cushion the hit from U.S. President ...
Edmunds decided to go with the Tesla Collision Center in Ontario, but the repair never happened since the total cost was estimated at over $57,000.
The slide followed a Reuters report that said Tesla was delaying its lower-cost vehicle to 2026. Barclays cut Tesla's price target, citing lower deliveries and profit margins. The move ...
What happened: In a new report published by Michigan-based Center for Automotive Research, the organization highlights how the Trump administration's 25% tariffs on the auto sector could cost the ...
President Trump’s auto tariffs won’t just make buying a car more expensive. They would make simply owning a car more expensive, too. Levies on imported vehicles stand at 25%, and tariffs of ...
Our second vehicle was totaled during a cross-country move a few months ago. My husband will be deployed in a few months, so we were leaning toward riding it out (no pun intended) with one ...
CBS News is tracking the already sharply rising cost of products most impacted by tariffs imposed and new ones announced by President Trump on April 2, from the cost of common grocery items to the ...
Anderson Economic Group, L.l.c. April 3 (Reuters) - U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced ...
He estimates that Trump’s latest tariff plan could, on average, add $4,711 to the cost to buy a vehicle. “Without this exemption, the proposed tariff risks causing irreparable damage to the ...
Tariffs on products from Canada, Mexico and China are set to begin Tuesday, driving up costs for auto repairs—and possibly your insurance, too. Rescued NASA astronauts deliver message to Trump ...