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Spectre of auto tariffs spurs car buyers to rush purchases
Financial Express Kochi
|March 31, 2025
NEAL BOUDETTE COVERS the car industry from Detroit. For this story, Neal, Mark Bonamo and several other reporters fanned out to dealerships in New York, New Jersey, Florida, Michigan and Illinois.
Ziggy Duchnowski spent Saturday morning car shopping along Northern Boulevard in Queens with two goals in mind.
He wanted to find a new small car for his wife, and he hoped to strike a deal before the new tariffs that President Trump is imposing on imported cars and trucks affect prices.
"The word on the street is prices are going to shoot up now," said Duchnowski, 45, a union carpenter who voted for Trump, holding the hands of his two small children.
The tariffs—25% on vehicles and parts produced outside the United States—will have a broad impact on the North American auto industry. They are supposed to go into effect on April 3 and are sure to raise the prices of new cars and trucks.
Bu hikaye Financial Express Kochi dergisinin March 31, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Financial Express Kochi'den DAHA FAZLA HİKAYE
Financial Express Kochi
ICICI Pru AMC issue booked 72% on first day
THE INITIAL PUBLIC offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.
1 min
December 13, 2025
Financial Express Kochi
Rupee hits fresh closing low, drift may continue
It touched 90.56 against the dollar intra day
1 mins
December 13, 2025
Financial Express Kochi
Vinesh returns to the mat, eyes medal at 2028 Games
STAR WRESTLER VINESH PHOGAT on Friday announced that she would be coming out of retirement to take another shot at an elusive Olympic medal at the 2028 Los Angeles Games as the “the fire never left” her and was merely buried under “exhaustion and noise”.
1 mins
December 13, 2025
Financial Express Kochi
Govt allows coal linkage auction for all end uses
Exports of the fuel allowed for the first time
1 mins
December 13, 2025
Financial Express Kochi
SBI reduces lending rates after RBI rate cut
STATE BANK OF India (SBI) on Friday revised its lending rates following the Reserve Bank of India’s latest 25-bps reduction in the repo rate.
1 min
December 13, 2025
Financial Express Kochi
Guaranteed rural job days to be hiked
IN ITS REPORT, tabled in March 2025, the parliamentary standing committee on rural development and panchayati raj had advocated increasing guaranteed workdays from 100 to 150 and raising wages to at least 400 per day.
1 min
December 13, 2025
Financial Express Kochi
Top-10 stocks will start to outperform: DSP Netra
THE OUTPERFORMANCE PHASE is restarting for the top 10 companies in terms of market capitalisation, DSP Netra said in a report citing recent trends.
1 mins
December 13, 2025
Financial Express Kochi
NTPC to float bids for nuclear reactors
FROM THE FRONT PAGE
2 mins
December 13, 2025
Financial Express Kochi
Govt speeds up visa for Chinese professionals
• Processing time less than 1 month now; China sees ‘positive action’
1 min
December 13, 2025
Financial Express Kochi
Credit growth at 1-year high
BANK CREDIT GROWTH touched 11.53% for the fortnight ended November 28, 2025, marking the strongest lending momentum in 12 months, reports Mahesh Nayak.
1 min
December 13, 2025
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