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Car, tariffs and Cox Automotive

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A 25% tariff on all cars and light-duty trucks imported into the U.S. that's set to go into effect next week won't just cause new car prices to rise.
From Detroit Free Press
"In Michigan, where one in five jobs is automotive-related, the pain felt by working-class citizens will be profound."
From Reuters

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Tariffs on auto imports could lead to few options, higher prices for used vehicles
A 25% tariff on all vehicles imported into the U.S. won't just cause new car prices to rise. Used car prices will also likely increase, analysts say.
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
President Trump's forthcoming tariffs on automobiles threaten to make cars more expensive, and some consumers are responding by heading to dealerships before the levies go into effect.Mr. Trump last week announced a 25% tariff rate on vehicles and auto parts imported into the U.
Car dealerships see spike in customers before ‘damaging’ tariffs hit auto industry
Car dealerships across the New York area are reporting an influx of customers — who have raced to snap up vehicles before President Trump’s tariffs are revealed on Wednesday. Tom Maoli, president and CEO of New Jersey-based Celebrity Motor Cars — whose luxury car outlets include Lexus of Route 10 and Maserati of Morris County — said he has seen a 15% increase in sales since it became apparent that tariffs were coming down the pike.
Trump 25% auto tariffs will lead to vehicle price hikes, autoworker pain, two Michigan business groups say
Two Michigan business groups urged President Donald Trump to halt plans to impose sweeping 25% tariffs on imported vehicles and parts, saying it would lead to dramatic price hikes, supply chain disruptions and pain in the auto-heavy state.
Trump expected to announce new sweeping tariffs on April 2
Ahead of President Trump’s promised tariff announcement on April 2, details on the specifics are still scant. The president has already announced a 25% tariff on imported cars and auto parts. NBC News’ Garrett Haake spoke to a car dealership owner and auto worker in Michigan about how they expect to be impacted by the tariff.
Trump Team Weighs Broader, Higher Tariffs
An across-the-board hike of up to 20% is back on the table ahead of Wednesday’s deadline.
Car Tariffs Are Coming. For Some Buyers, That Was a Reason to Act.
Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.
Amazon Used Car Sales? Apparently, it Could Happen
Amazon looks to expand into used vehicles following successful voyages into the new car sales market. Online shopping for cars isn't a new concept, especially in a post-COVID worl
Trump tariffs expected to drive up costs for used cars, parts after April 2, experts say
Besides used cars, increased costs associated with tariffs will trickle down to parts for car repairs and automotive collision repairs.
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Tariffs leave majority of BC consumers worried about used-car prices, options
The threat of tariffs isn’t just about new cars. A survey conducted in March by Vancouver-based Autozen found consumers in British Columbia are worried abo
Western Pa. car dealers preparing for bumpy ride when tariffs kick in
Barry Freger, co-owner of Jeannette used car dealer Pinnacle Auto Sales, is scooping up as many late-model, low-mileage vehicles as possible. With a 25% U.S. tariff on auto imports set to begin Thursday,
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