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Cheung cited Goldman Sachs estimates that the price of a foreign import into the U.S. could increase from $8,000 to $15,000, and domestically made cars could increase $3,000 to $8,000.
From TODAY
Trump announced 25% tariffs on car and auto parts on Wednesday, sending global automakers' shares down and raising fears of job losses in big auto-exporting countries.
From Reuters
"I don't think so," Trump told reporters at the White House, when asked if Americans should move up auto purchases.
From Reuters
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You must take some steps after buying a car, like registering your new vehicle, getting insurance and planning for future inspections. These steps will ensure that you hold legal ownership of your new set of wheels and can enjoy the open road without worry.
Some dealerships give you free roadside assistance for a few years after you buy a new car. It's also a common perk among credit card companies. You should check to see whether you have access to free roadside assistance before adding it to your insurance ...
Though you might not need car insurance before you drive a new car off the lot, it's probably a good idea to line it up. Here's why.
California is increasing the minimum auto insurance coverage limits for drivers. Our team found a few ways that you can save on your premiums.
You have to be 18 to buy your own car insurance, but even a 20-year-old living at home will cost hundreds less to insure on the parent's policy than paying for their own. If you want to teach them ...
Tom Banks, car insurance spokesperson for the comparison site, said: 'It’s no secret that insurers consider multiple factors when calculating your premium, but many drivers don’t realise that the day you buy your policy can also impact the price. '