US car prices higher in April after tariffs hit

Automotive and Transportation Automotive and Transportation

Tue, May 13, 2025

[ Yesterday Morning ] - WOPRAI

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[ Yesterday Morning ] - WOPRAI

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[ Yesterday Morning ] - WOPRAI

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[ Yesterday Morning ] - Fortune

Current mortgage rates report for May 13, 2025: Rates stuck at elevated level

[ Yesterday Morning ] - PBS

NJ Spotlight News | July 4th could set record for NJ travelers | Season 2024

[ Yesterday Morning ] - Fortune

Current refi mortgage rates report for May 13, 2025

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Top Articles for March 3, 2025

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This fitness trend will drive you up the wall

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[ Yesterday Morning ] - dw

Can public transport ever replace cars? - DW - 05/13/2025

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American Express cards can be used on public transport from May 15

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Trump Media stock down over 50 percent since his inauguration and no one is buying: report

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Bangladesh's interim government strips former rul .. f registration, barring it from polls - WTOP News

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Arrests made in murder of Phoenix food truck vendor: PD

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Ravens facing a kicker controversy after Justin T .. release, new announcement | Sporting News Canada

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Manteca looks to be next entertainment hub in San Joaquin County

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Pint of Science festival to take over pubs in Lincoln

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Trump's Salvadoran prison warden visits | Latest US politics news from The Economist

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Meat Is Back, on Plates and in Politics

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Michigan governor candidate says miscarriage prompted her to prioritize reproductive health access

[ Yesterday Morning ] - sportskeeda.com

"Couldn't think of a worse fit": Fans react as Ke .. transfer Travis Perry completes move to SEC rival

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Julien Baker cancels joint tour with Torres to 'focus on her health'

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Function Health buys Ezra, launches full-body scan for a third of the price

[ Yesterday Morning ] - The Chelsea News

"The problem is" - Darren Bent names Chelsea target he thinks isn't right fit for the club

[ Yesterday Morning ] - ThePrint

Informa Markets joins forces with key partners to .. d toward becoming Asia's Sustainable Mobility Hub

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Car trouble: Can the French car industry recover to pre-pandemic levels?

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5 smart ways to travel on a budget

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Steelers' patience paid off in George Pickens trade with Cowboys | Sporting News

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Mets make $50 million slugger trade decision after injury news | Sporting News Canada

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Angels star Mike Trout drops ominous injury update | Sporting News

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Patrick Whitesell Launches WIN Sports Group With WME Sports Senior Team

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California lawmakers push to have warning labels on social media

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Beyonce's Dance Captain Ashley Everett Shares Fitness Secrets

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Dow closes up 1,160 points as US and China agree to slash tariffs

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Nicolle Wallace spots 'slow-moving political asteroid about to hit the Republican Party'

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College Teams' Foreign Travel Stalls as Post-COVID Surge Fades

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Woman accused of stealing business vehicle in Perry

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Chi Food Truck Fest in Daley Plaza to return for 10th season

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Next Level Flag Football players give mom the gif .. ition Sunday afternoon (113 action-packed photos)

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Kentucky Football Star Josh Kattus Earns Title in Dancing Competition

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Bond lowered for Colorado woman accused in shooting at Main Event entertainment complex

[ Yesterday Morning ] - Reuters

US car prices higher in April after tariffs hit

^{Published on 2025-05-13 00:41:36 -}

U.S. new-vehicle prices surged in April, data released on Monday showed, a sign that the effects of President Donald Trump's auto-tariff measures are rippling through the car market.

In April, U.S. car prices experienced an increase following the implementation of new tariffs on Chinese imports, as reported by Cox Automotive. The average transaction price for new vehicles rose to $48,275, marking a 0.5% increase from March and a 3.7% rise from the previous year. This surge was influenced by a 25% tariff on Chinese electric vehicles and a 100% tariff on Chinese-made vehicle batteries, which affected the pricing of electric vehicles and hybrids. Despite the price hike, demand for electric vehicles remained strong, with their prices increasing by 5.5% year-over-year to an average of $55,242. Meanwhile, the prices of gas-powered vehicles also saw a slight increase, averaging $47,244, up by 3.4% from the previous year.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/companies/us-car-prices-higher-in-april-after-tariffs-hit/ar-AA1EDuQp ]

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