And while most of the vehicles Ford makes are at US plants that won’t immediately be subject to tariffs, some of the automaker’s hottest sellers in the quarter are produced outside the United States.

CarGurus released its Q1 2025 Quarterly Review, revealing that tariff concerns dominated the quarter, leading to a late-month sales surge.

According to the White House, the move to place tariffs on imports of automobiles addresses "a critical threat to U.S. national security."

Just after Ferrari announced it will boost its prices by 10% due to tariffs, a Wall Street firm has increased its estimate of new car price hikes.

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.

Car prices are about to shoot higher. That’s because a 25% tariff across all cars that the United States imports is set to take effect on April 3. And not long after, a 25% tariff on most foreign-made car parts is set to take effect.

Germany’s seaports are hoping the new US tariffs on car imports will not lead to a sharp drop in throughput. The CEO of Emder Hafenförderungsgesellschaft, Reinhard Hegewald, is worried about the changes.

Analysts estimate that the tariffs will significantly increase the prices of new vehicles, adding a few thousand dollars for entry-level models to $10,000 or more for high-end cars and trucks. Higher prices for new vehicles are also likely to nudge used-car prices higher.

The 25% auto tariffs, set to take effect on April 3, will apply to imported passenger vehicles, including cars, SUVs, minivans, cargo vans and light trucks, according to a White House statement released after Trump's Oval Office remarks on Wednesday.