According to Ivan Drury, director of insights at automotive research site Edmunds, cars assembled in the U.S. won't necessarily be safe from tariffs, due to manufacturers relying on foreign imports. Nissan, for example, has suppliers from all over the world, with many of them providing up to 70% or 80% of parts.

Auto tariffs announced by President Donald Trump will likely raise car prices by thousands of dollars, while hiking costs for repairs and insurance, some experts told ABC News. Within hours of the policy rollout, Ferrari said it will raise prices by as much as 10% for some models to compensate for the tariffs.

The vastness of Magna's facility in Michigan underscores its role as a key cog in the intricate global auto supply chain. The company has 59 facilities in the United States, 50 in

Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States

Find insight on Porsche, Tesla, Stellantis and more in the latest Market Talks covering auto and transport.

After weeks of hype, Trump announced new 10% across-the-board tariffs, giving the nation its biggest tax increase in decades.

Canadian Prime Minister Mark Carney said the tariff could raise up to C$8 billion, which would be used to help workers and companies affected by the Trump tariffs.

President Donald Trump's new 25% tariff on all cars and light-duty trucks takes effect in the U.S. on April 3. Here are frequently asked questions.

U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.