Tariffs are more likely to push auto costs increased. Do you have to purchase a brand new automotive now?

Tariffs are more likely to push auto costs increased. Do you have to purchase a brand new automotive now?

Shopping for a automotive could be a fraught monetary choice even in one of the best of instances. Now, automotive buyers are going through the added strain of deciphering U.S. tariff coverage.  On Wednesday, President Trump issued a one-month delay for U.S. automakers on tariffs positioned on imports from Canada and Mexico, buying and selling…

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Not solely Volkswagen and Nissan, automakers world over are struggling after a rewarding pandemic – Firstpost

Not solely Volkswagen and Nissan, automakers world over are struggling after a rewarding pandemic – Firstpost

A couple of years in the past, automakers have been celebrating report income because the pandemic precipitated new automotive shortages, permitting them to boost costs. Now, the business is going through a harsh actuality. In response to The Financial Instances report, whereas Nissan, the Japanese automaker, is shedding 9,000 workers, Volkswagen is contemplating closing factories in…

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