US EditionHow Trump’s auto tariffs could reshape the car market and push entry-level buyers out
- Consumers rushed to car dealerships in Chicago and Iowa ahead of new tariffs imposed by President Trump.
- President Trump's announcement of tariffs on imported cars and auto parts spurred consumers to act quickly.
- Dealerships noted increased sales and inquiries as customers sought to avoid expected price increases.
- Joe Crane advised buying soon because "We're already seeing a rise in used car prices," before tariff impacts.
- Analysts predict tariffs could raise average new car prices by thousands, impacting affordability and potentially reshaping the market.
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Car buyers rush to lock in deals before Trump tariffs raise prices
Spurred by the threat of rising car prices because of tariffs, Ricardo Rinconeño of Orland Park bought a 2025 Chevy Equinox last Friday.Rinconeño said he and his wife, Nicole, were considering replacing her 2015 car and the threat of tariffs spurred them into action.“I said, 'Why wait? We don’t know what’s going to happen.' If it wasn’t for the tariffs, I probably would have waited another year,” he said.Rinconeño isn't alone. Shoppers have been…
·Chicago, United States
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Total News Sources12
Leaning Left2Leaning Right2Center6Last UpdatedBias Distribution60% Center
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R 20%
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