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Tag: Bloomberg

Customers look at vehicles for sale at a GMC Chevrolet dealership in Yuma, Arizona, US, on Monday, March 31, 2025. Whether Donald Trump's 25% tariffs on imported vehicles achieve the president's goal of revitalizing domestic auto manufacturing remains to be seen, but the levies that start April 3 are almost certain to push up the prices of new models if they stay in force for more than a few months.

GM, Hyundai sales jump as Trump tariff fears spur car buying

byBloomberg News

April 1, 2025

Automakers including General Motors Co. and Hyundai Motor Co. reported higher US auto sales as the threat of price hikes ...

Holiday Shoppers As US Personal Spending Cools

US consumer sentiment sinks as tariffs drive price expectations

byBloomberg News

March 28, 2025

US consumer sentiment tumbled this month to a more than two-year low and long-term inflation expectations jumped to a 32-year ...

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Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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US consumer sentiment sinks as tariffs drive price expectations

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