Tariffs imposed under President Trump have added around $35 billion in costs to the auto industry, prompting a surge in used vehicle sales and the release of more affordable, feature-reduced models.

Companies are increasingly passing the cost of President Donald Trump’s tariffs on to consumers and plan to keep raising prices, a KPMG survey released Monday suggests, underscoring how consumers have ...

President Donald Trump plans to raise tariffs on cars imported from the EU to 25%, which could increase vehicle prices and ...