Automakers Warn of $12,000 Price Increases Per Vehicle

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Despite efforts to ease trade tariffs, U.S. automakers could still face significant costs ranging from $2,000 to $12,000 per vehicle. These costs are expected to be passed on to consumers, potentially leading to higher vehicle prices across various models. A Michigan-based economic consulting group highlighted that even with the White House moving to soften trade levies on imported auto parts, the financial impact on automakers remains substantial.



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