Trump rates leave car manufacturers with difficult and expensive choices
Follow direct updates on the Trump Administration here.Car manufacturers can respond to the new rates of 25 % of President Trump on cars and important parts in different ways. But everyone cost money and will bring at higher cars prices, analysts say.Manufacturers can try to move production from countries like Mexico to the United States. They can try to increase the number of cars they already make here. They can stop selling imported models, in particular the less profitable ones.But whatever they decide car manufacturers, car buyers can expect to pay more for new and used vehicles. Estimates vary widely and depend on the model, but the increase may vary on $ 3,000 for a car made in the United States to well over $ 10,000 for imported models.Those figures do not take into account the add...