Car Prices Expected to Rise as Tariffs on Parts Kick In
- APMA
- May 9
- 1 min read
Jack Ewing, The New York Times
May 3, 2025
In Canada, numerous parts manufacturers provide supplies to car factories within the country, stated Flavio Volpe. However, the vehicles produced by these plants will still face tariffs when exported to the United States. Flavio mentioned, “The strength of the Canadian auto parts industry lies in the concentration of manufacturing that we can locally support.”
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