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Stock impact report

Auto tariffs will let consumers 'hold onto their cars longer' [Yahoo! Finance]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Yahoo! Finance
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here Uh, President Trump of course planning to impose 25% tariffs on imported vehicles and consumers, investors, business people, David, all all try to figure out the ripple effects of that. You argue it could be though a positive for the auto parts makers. How come, David? Walk us through that. Exactly. Thanks for having back on, Josh. And tariffs have been a good thing for auto parts in general. Prices go up, you got a lot of pricing power here, eventually gets passed on to the consumer. But if you have these new vehicle tariffs coming to play, that should in effect push more used vehicle sales in the process. And it'll it'll basically allow consumers to hold on to their cars longer. So that this has been a dynamic in the US for many, many years now. The average age of the car on the road in the US is almost 13 years old. So you've got cars that are lasting longer, you coul Show less Read more
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