MEMA Aftermarket Suppliers' event to provide critical insights on how evolving tariff policies affect remanufactured products and core materials.
Posts tagged as “tariffs”
The automotive aftermarket is wrestling with the ramifications of what the President has called the “most beautiful word in the dictionary.” Tariffs.
The price shock in just one month for just two countries will become impossible to ignore for suppliers, dealers and consumers, says industry analyst.
New research projects that the national average cost of car insurance could increase 7%. Here's how insurance costs could rise in states by the end of 2025.
Through 2030, the new vehicle market downturn will have a variety of consequences, but auto parts volume will continue to grow strongly.
Despite this strong performance, tariffs are estimated to add $4,275 in cost per vehicle on average and many OEMs report significant impacts to their bottom line.
The ABPA has been proactive by asking the U.S. Commerce Secretary to pause the auto parts tariffs, but policymakers still need concrete data from the field.
