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Limited supplies of new cars for sale following Covid sent new car prices, and even used car prices, soaring. ... $13.8 billion worth of cars to Canada during the first 11 months of 2024 and $26.5 ...
Trump's tariffs on Canada and Mexico could raise average new car prices by $2,700, Jefferies analysts found. The levies will hit automakers like GM and Stellantis, which import vehicles from ...
The average sales price for a new car purchased by US buyers hit a record $49,327 in December and edged only $1,200 lower in January, according to data from Edmunds.
Assessing the tariff proposal, analysts estimate new car prices, on average, would likely increase by anywhere from $1,000 to $9,000 or more. Some vehicles would be affected more than others.
Canada is currently the thirteenth-largest auto-producing nation in the world, and seventh largest auto exporter by value, producing 1.4 million vehicles and exporting $32 billion worth of vehicles in 2020. [1] Canada's highest rankings ever were the second-largest producer in the world between 1918 and 1923 and third-largest after World War II.
Best New Small Car (under $21,000) - Ford Fiesta Best New Small Car (over $21,000) - Chevrolet Cruze Best New Family Car (under $30,000) - Volkswagen Jetta TDI Clean Diesel Best New Family Car (over $30,000) - Buick Regal Best New Luxury Car (over $50,000) - BMW 5 Series Sedan Best New Prestige Car - Porsche 911 Turbo S
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