As U.S. President Trump's auto tariffs loom, consumers are preemptively purchasing vehicles, leading to a notable increase in sales. The Chen family, who bought a Toyota Highlander in Michigan, felt pressured to buy sooner than planned due to uncertainty over future vehicle prices. Their dealership reports a 20% rise in sales this year, highlighting a broader trend in the auto industry where many are making purchases before potential price hikes from imposed tariffs on imported vehicles and parts.
"I actually have been looking for about a month, so I think the car itself is great and I'm due for a new car, and with all the tariffs going on, I figure it's probably a good time to get a new car before the prices go up."
"Generally speaking, we've had a pretty good rush. And I'm hearing it from other dealers as well that they’re experiencing similar increases in sales due to the tariffs."
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