The insurance industry could pay anywhere from $27 billion to $53 billion extra in the next 12 to 18 months because of the tariffs’ toll, a trade group says.

As President Trump's auto tariffs take effect, here’s how soon prices could go up and what it's going to take to bring them back down.

The German automaker has temporarily halted rail shipments of vehicles from Mexico and will hold at port cars arriving by ship from Europe.

New-car prices could rise from $2,500 to $20,000 under President Trump’s tariff regime, depending on where the vehicles are made and the parts that go into them, according to a new report. Michigan-ba

Car dealers in the Philadelphia area say the prices of cars and repairs could go up with the Trump administration's tariffs.

Shares of Hertz and Avis soared when tariffs on cars were announced last week, but they’re falling now amid worries about a broader bear market and recession.

Local drivers are shopping for used car parts at Jalopy Jungle in Boise, as imported goods are expected to get even more pricey. The 25% tariff on all foreign-made vehicles began Thursday.

Mark Carney, a former central banker, also called on ‘like minded nations’ to form a new trading order without the United States.

If you know you need a new car soon anyways, there’s a pretty good argument for acting as fast as you can,” says one car-buying expert.