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Stock impact report

Bay Area car shoppers rush to dealerships as Trump administration's 25% tariffs loom [CBS News]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CBS News
dealerships this weekend to make their purchases before the new tariffs take effect. Edgar Cruz, a Fremont resident, was one of many customers who took the plunge. As he test-drove a Subaru WRX at Premier Subaru of Fremont, his face lit up with excitement. "It's a nice car to drive," Cruz said, preparing to make a turn in the vehicle. Cruz had been researching the WRX for the past three months but made the decision to visit the dealership this Sunday due to the looming tariff increase. "The plan was exactly to get it in two months. Because of the tariffs, I had to decide to get it today. That was the main driver for my decision," Cruz said, explaining how the tariffs influenced his buying timeline. With the 25% increase on vehicles imported from Japan, Cruz realized the price of his dream car would rise by more than $9,000, a cost he couldn't afford. "It kind of creates a little bit of urgency," said Gino Ventanilla, a finance manager at Premier Subaru of Fremont. Ventan Show less Read more
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