1A How Did This Get Here: Your Car
Apr 9, 2025
Join automotive experts Aaron Keating, Jack Ewing, and Jennifer Safavian as they navigate the impact of recent auto tariffs imposed by the Trump administration. They discuss how these tariffs are leading to production pauses and layoffs at major automakers like Stellantis and Volkswagen. The conversation explores rising vehicle prices and shifts in consumer behavior toward used cars. Delve into the complexities of the automotive supply chain and the challenges faced by international manufacturers as they adapt to a shifting political landscape.
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Tariff Impact
- The 25% tariff applies to all imported cars initially.
- Later, it will also apply to all auto parts, impacting every car made in America.
Automaker Concerns
- International automakers are concerned about increased costs due to tariffs.
- No car sold in the U.S. is made without imported parts.
Used Car Prices
- Used car prices are expected to rise due to increased demand.
- This is because new car prices are increasing, pushing buyers to the used market.