Overview
- President Trump's 25% tariffs on imported vehicles, active since April 3, are driving potential price increases across the auto industry.
- Ford informed dealers that prices on vehicles produced in May could rise, with changes reflected in June deliveries, if tariff policies remain unchanged.
- Current inventory will not see price increases, and Ford has assured ample availability through June 2 under its 'From America, For America' discount program.
- Experts warn that tariffs are tightening the supply of affordable vehicles, with 90% of cars under $30,000 at risk of price hikes or production cuts.
- The administration is considering adjustments to upcoming auto-parts tariffs, set to begin May 3, to give manufacturers more time to comply.