NEWS


Should you buy a new car now? Tariff uncertainty clouds price predictions

With tariffs set to take effect next week, the cost of doing business in the auto industry is likely to change, but it's unclear who will bear the financial burden. CNBC auto reporter Phil La Beau suggests that potential car buyers might consider purchasing now, as future prices could rise if tariffs stick, affecting automakers' costs. The scope of the tariffs and their impact on vehicle components remain uncertain, leaving automakers and consumers in a state of unpredictability regarding new vehicle pricing.