President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.

Analysts estimate President Trump’s auto tariffs could raise the cost of a vehicle by thousands of dollars. Ballpark calculations based on current monthly auto-loan payments and an average American’s income show how that would test U.

If you want to buy a new or used vehicle in Mississippi, now is the time. That is the word from Marty Milstead, president of the Mississippi Automobile Dealers Association. President Donald Trump said his new tariffs on automobiles and auto parts will punish other countries for unfair trade practices.

U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.

Car owners may see the impact of tariffs at their auto repair shops, even if they aren’t buying a new car.April 3, 2025

Stellantis has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs — and as a result, some US workers will also be temporarily laid off.

Stellantis will pause operations at its Ontario plant for two weeks, leaving thousands worried about their jobs.

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.

Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.