Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
It Is Happening Every Day, Every Where
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
The United States is a crucial export market for the German auto industry, which is already suffering from weak sales and increased competition from China.
The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy.
The German luxury carmaker said its latest compact sedan solved problems that had kept people from buying electric vehicles.