Center for automotive research | Auto Finance News | Auto Finance News

Dealers ‘Nervous’ as Tariff Threat Decreases Consumer Demand

Declining consumer demand to purchase cars is imminent if President Donald Trump raises U.S. duties to 25% on all imports of automobiles and auto parts, one dealer told Auto Finance News. “Right now, people are more afraid to buy cars because of Trump,” Saif Kadri, sales manager of Carson Nissan, said. Tariffs on auto parts […]