New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.
Related Posts
Hatching the Automobile’s Future in a Cloistered Los Angeles Lab
Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too…
China Exit Ban on Wells Fargo Executive Stokes Foreign Business Anxiety
The case comes around the same time a Japanese pharmaceutical executive was imprisoned, adding to growing unease even as Beijing…
F.D.A. Warns of High Risk of Illness or Death in Update of Tomato Recall
The recall of tomatoes distributed in three southern states was upgraded to the most severe warning the agency issues.