Shares of Auto-related Stocks Are Trading Lower After President Trump Said He Will Introduce New Tariffs on Auto and Auto Parts Imports.

Benzinga01:22

How much impact will Trump's Autos tariffs have? Goldman Sachs: The average price of new cars in the U.S. may increase by 0.015 million dollars.

Goldman Sachs predicts that Trump's auto tariffs could lead to a surge in new car prices in the USA ranging from $5,000 to $15,000. According to analysis from Car Service providers, this move will directly impact half of the best-selling models in the USA market, especially budget models priced below $30,000, many of which could potentially disappear.

wallstreetcnMar 28 21:03

Trump's "want this and want that": while imposing tariffs on Autos, he also prohibits automakers from raising prices.

Industry experts believe that tariffs are almost certain to force USA auto manufacturers to raise prices. The impact of tariffs on the low-end market may be particularly noticeable, with models priced below $30,000, of which at least half will be severely hit by the new tariffs, and some models may disappear from the market. Analysts believe that due to dealers hoarding inventory, the effects of the tariffs may not begin to show until May, at which point car prices could rise by 11% to 12% to offset the impact of the tariffs.

wallstreetcnMar 28 18:04

Toyota Motor February Sales, Production Increase

MT NewswiresMar 28 17:55

Due to concerns over Trump tariffs, temporarily fell below 37,000 yen.

The Nikkei average significantly continued to decline, closing down 679.64 yen at 37,120.33 yen (estimated Volume of 1.9 billion 30 million shares). The decline was influenced by the negative sentiment from the previous day in the USA market, following President Trump's announcement of a 25% additional tariff on imported Autos. The Nikkei average opened with a drop of over 400 yen and dipped below the key 37,000 yen level during the mid-morning session. Although there were moments to pick up on dips afterward, in the afternoon session, stocks like Tokyo Electron <8035> and Advantest <6857> were affected.

Fisco JapanMar 28 15:20

Toyota's (TM.US) global sales surged in February, with the Japanese market skyrocketing by 52%, becoming the biggest driving force.

After experiencing a sales ramp-up period at the beginning of the year, Toyota Motor welcomed a strong rebound in February.

Zhitong FinanceMar 28 15:17