“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.According to The New York Times, one shopper expressed concern about rising prices, stating, “Prices are going to shoot up now.” However, some dealers believe that economic concerns may be deterring people from making purchases. Ziggy Duchnowski, a union carpenter who voted for President Trump, spent Saturday morning car shopping with the goal of finding a new small car for his wife and securing a deal before the new tariffs on imported cars and trucks take effect. These tariffs, set to go into effect on April 3, are expected to have a significant impact on the North American auto industry, resulting in higher prices for new and used vehicles. As a result, some consumers are rushing to make purchases before prices increase. Analysts predict that the tariffs could add thousands of dollars to the prices of new vehicles, prompting automakers to adjust their manufacturing operations and find ways to cut costs.
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