Add Yahoo as a preferred source to see more of our stories on Google. Auto tariffs announced by President Donald Trump will likely raise car prices by thousands of dollars, while hiking costs for ...

Steve Maugeri joined the CBS News Miami team in April 2024. Steve has always loved the beach and is excited to live this close to the ocean within a major city as well! MIAMI - Car parts and vehicles ...

New and used car prices are likely to increase if the US imposes a 25% tariff on cars and auto parts brought in from other countries, experts said. Production costs may rise $3,000 to $15,000, ...

With tariffs arriving on foreign cars and auto parts, travel and vehicle experts are expecting to see people hold onto their old cars longer, which could lead to more maintenance for mechanics. "If ...

Trump administration's tariffs on imported auto parts went into effect on May 3, applying a 25% duty on vehicle components. Quite a few parts for US-made vehicles are produced across the border in ...

Reuters reports that a collection of auto industry groups sent a letter Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and U.S. Trade Representative Jamieson Greer urging the ...

A repair shop in South Burlington, Vermont has seen some surprise price hikes for auto parts since tariffs took effect. For one small repair shop — Girlington Garage in South Burlington, Vermont — ...

Trump has seemed to shrug off worries that his trade tariffs will raise prices on everyday items for Americans. Prices on new and used cars are likely to go up due to the 25 percent levies on imported ...

If you’re buying a new car, you’re probably wondering how uncertainty around tariffs will affect prices. You’re not alone. The entire auto industry is working through the White House’s recent ...