According to April’s Consumer Price Index (CPI) report released Tuesday morning, used car prices fell by 0.5% month over month, while new vehicle prices remained flat from March.
AutoGuide Editorial Director Greg Migliore sits down with Wealth’s Brad Smith to discuss how American auto companies are already forecasting profit hits from President Trump’s tariffs in the coming quarter. He also shares his outlook on auto prices for prospective buyers ahead of the summer buying season.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
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