Auto executives and analysts had predicted that car prices should have bolted higher by now. This was the general mood after the introduction of the tariffs by the U.S. President Donald Trump in April ...
The April Consumer Price Index (CPI) report revealed new car prices were flat, a surprise as many felt President Trump’s auto sector tariffs would boost prices. But inventory at dealerships may have ...
Jessica Valor had been casually car-hunting since September with the goal of upgrading from her 12-year-old Mini Cooper this summer. Then auto tariffs set to go into effect Wednesday sped up her ...
While dealers and automakers may offer modest discounts on 2025 models as 2026 inventory arrives, industry experts caution the effect of tariffs could offset much of those savings. Brian Moody, ...
Nearly 1 in 4 car owners owe more on their trade-ins than the vehicle is worth, pushing the national average for upside-down balances to almost $7,000.
Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop. The price ...