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Rick Case car president and CEO Rita Case reduces how the tariffs in the auto industry affect Americans on ‘countdown’.
President Donald Trumps Tariffs in the automotive industry are not expected to push car prices higher. According to industrial experts, these accumulations can also take repair costs.
Because Trump applies a 25% tariff in April In all imported passenger vehicles, Car experts worried that the value of new vehicles in the industry will take a massive shot. National Car Dealers Association gave concerns of this year, “Customers who adapt to the vehicles that customers may be appropriate have been a sustainable problem for America’s new car and truckers.”
However, people who are currently in the road will face problems as vehicles are older. According to the average age and light trucks, S & P global mobility in the United States, S & P has reported 12.6 years to a 12.6-year record last year.
Todd Campau, S & P in global mobility, increased by growth in the middle age, the more vehicle, which is more than six years to “enter the main range for the next service”. More than 110 million vehicles said “at that sweet point.”
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Over time, car parts are wearing, so the older car takes a car, it is so high that will require repair to work well and efficiently.
Works in a mechanical car. (Photo Alliance via Pia Bayer / Getty IMGS)
Leadership He is working to increase internal production and is located on tariffs as an amendment. Management plans to provide a 25% tariff in car parks, which will start on May 3. First, the parts of the United States-Mexico-Canada agreement are expected to plan a plan to use the US non-US components of the US components of the United States. In other car parts of the agency, tariffs are expected to determine the process of introducing tariffs until the end of June.
The main car parts such as engines, transmissions, power train parts and electrical components will be affected.
Mechanical and its instruments (Idle)
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“Many of the parts used to repair and maintain and protect vehicles from brake pads and batteries are imported,” Cenni Newman, Cenni Newman, told the Fox business. “If these parts are hit by tariffs, suppliers are expected to be added to the store and dealer service departments.”
Only these consumers would have repaired their repair bills, but it may cause time to take the parts longer to buy or receive The inventory is back to scaleNewman said.
Cars used for sale (Justin Sullivan / Getty Images)
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“For current car owners, this is a waking call
Brian Moody, Autotrader’s Executive Editor, Fox explained the work of the same parts, which is important to carry out the same parts to build new cars, so car owners should think that they can meet their repair needs today.
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