Tariffs threaten entry level-priced car inventory, experts warn [FOX Business Network]
Cars.com Inc. (CARS)
Last cars.com inc. earnings: 2/26 07:30 am
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Source: FOX Business Network
About 90% of affordable vehicles – what Cars Commerce defines as those priced under $30,000 – are made outside the U.S., which puts them at risk of potential price hikes or production cuts, according to Jennifer Newman, editor-in-chief of Cars.com. Cars Commerce is a platform that includes the flagship Cars.com. Budget-friendly models are already in short supply, and, according to Newman, Trump's auto industry tariffs could lead manufacturers to further scale back production. Currently, cars priced under $30,000 account for just 14% of new-vehicle inventory, according to data from Cars Commerce. That's down significantly from 38% during the 2019-2021 period, according to the data. Trump imposed a 25% tariff in April on all imported passenger vehicles. This includes sedans, SUVs, crossovers, minivans, cargo vans and light trucks. It also hits key automobile parts such as engines, transmissions, powertrain parts and electrical components. The administration is also planning to
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CARS
News
- Why Cars.com (CARS) Stock Is Trading Up Today [Yahoo! Finance]Yahoo! Finance
- Cars Commerce Appoints Seasoned SaaS and Marketplace Technologist Cormac Twomey as Chief Technology OfficerPR Newswire
- Why Cars.com (CARS) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
- Cars.Com: Flailing Stock With Zero Growth [Seeking Alpha]Seeking Alpha
- Cars.com Survey Reveals AI's Growing Influence on Car Shopping: 97% of AI Users Say it Will Impact Purchase Decisions and Almost Half Have Already Leveraged the Tech for Car ShoppingPR Newswire
CARS
Earnings
- 11/6/25 - Beat
CARS
Sec Filings
- 12/4/25 - Form 4
- 12/2/25 - Form 144
- 11/6/25 - Form 10-Q
- CARS's page on the SEC website