List of Flash News about US car market
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2025-03-27 12:20 |
Potential Tariff Impact on US Car Market: Implications for Traders
According to The Kobeissi Letter, the average new car price in the US is nearing $50,000, and foreign cars could face tariffs up to $12,500. This situation may lead to a decline in new vehicle sales and a rise in used car prices, affecting trading strategies. Investors should monitor the automotive sector for potential impacts, particularly regarding luxury car companies that may suffer significant hits. |