New-vehicle inventory in the U.S. dropped roughly 10 percent over the last month to 2.8 million vehicles as consumers grabbed new vehicles ahead of tariff-related sticker price hikes expected to arrive over the next few months.
New-vehicle inventory in the U.S. dropped roughly 10 percent over the last month to 2.8 million vehicles as consumers grabbed new vehicles ahead of tariff-related sticker price hikes expected to arrive over the next few months.
President Donald Trump’s global tariffs were deemed illegal and blocked by the U.S. trade court, dealing a major blow to a pillar of the Republican’s economic agenda. But the ruling doesn't impact automotive import tariffs.