Can Toyota hold line on car prices in face of Trump tariffs? Experts weigh in
- Motor City Buick, GMC saw a sales increase over the weekend, but the cause was unclear.
- President Trump's impending 25% tariff on imported vehicles and parts may have spurred the sales surge.
- The tariff, set to begin this Thursday, is expected to cause an increase in vehicle prices.
- John Pitre stated, "No price change for at least 90 days," due to a large existing car supply.
- Price increases likely will not occur until summer, based on Motor City Buick, GMC's current inventory.
86 Articles
86 Articles
Can Toyota hold line on car prices in face of Trump tariffs? Experts weigh in
Toyota's plan to maintain prices in the face of new auto tariffs sets it apart from competitors. But is it realistic? Experts weigh in on the strategy of the automaker, which has its North American headquarters in Plano.
What American consumers should buy before prices go up as a result of tariffs
As countries are reacting to President Trump's announcements on tariffs, American consumers are bracing for a potential price hike in several products and goods. NBC News' Tom Llamas talks to CNBC's Sharon Epperson about what to buy, or not buy, before prices go up.
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