The Tariff Price-Hike Highway: Subaru Says Some Cars Will Cost More

Table of Contents The Tariff Price-Hike Highway: Subaru Says Some Cars Will Cost More If you've been planning to buy a car or SUV from Subaru, we have some bad news. You may be paying as much as $750 to $2,055 more by next month, according to one dealer website notice, as part of the Japanese automaker's response to 25% tariffs imposed by the US on foreign auto parts. Subaru cited "market conditions" in passing on price increases to customers, as reported earlier by Reuters. "The changes were made to offset increased costs while maintaining a solid value proposition for the customer. Subaru pricing is not based on the country of origin of its products," the company told Reuters in a statement. Earlier this month, Ford also increased prices due to tariffs. GM said at the time that the impacts of tariffs will cost the company an estimated $5 billion. What's next for buying cars? The move by Subaru is another signal that tariff-driven price increases are here to stay, and unfortunate ... Read full article.