Reported about 9 hours ago
Kevin Roberts from CarGurus discusses the anticipated trends for the auto industry in 2025, emphasizing affordability due to high vehicle prices and interest rates. He highlights the uncertainty surrounding potential tariffs proposed by President-elect Trump, which could significantly impact the industry. Additionally, he warns that the removal of EV tax credits may hinder the growth of electric vehicles, presenting challenges for the market in the coming years.
Source: YAHOO