I'm a car dealer. Here's how I'm preparing for Trump's tariffs on autos. [Yahoo! Finance]
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance
Customers bought cars ahead of the tariffs to secure cheaper prices, the dealer said. This as-told-to essay is based on a conversation with Scott Kunes, COO of Kunes Auto Group, which operates about 30 auto dealerships in Illinois, Iowa, and Wisconsin. Kunes spoke to Business Insider on Wednesday, the day President Donald Trump announced new tariffs on various goods, including autos and auto parts. BI verified his identity and role at the business. The interview has been edited for length and clarity. This last week has actually been a really good week for the auto industry in general. The National Automobile Dealers Association put out an estimate that industry sales are up 14% month-over-month just in the last week as the tariffs came to fruition. We did see a rush for people to purchase vehicles and get ahead of the tariff issue. We're seeing that short-term sales bump but are also planning for the future. Pre-pandemic, the standard for dealers was to have a 90-day suppl
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HMC
News
- Honda Motor (NYSE:HMC) was upgraded by analysts at Nomura Securities to a "strong-buy" rating.MarketBeat
- Economy has Canadians exploring cheaper cars as stock leans to luxury [Yahoo! Finance Canada]Yahoo! Finance Canada
- Mitsubishi eyes producing vehicles in the U.S. with Nissan and Honda [Seeking Alpha]Seeking Alpha
- 46th Honda Prize Award Ceremony Held in Honor of Recipient, Dr. Kenichi Iga of Japan [Yahoo! Finance]Yahoo! Finance
- Honda (TSE:7267): Taking Stock of Valuation as Analysts See 9.6% Upside Potential [Yahoo! Finance]Yahoo! Finance
HMC
Sec Filings
- 11/17/25 - Form 6-K
- 11/7/25 - Form 6-K
- HMC's page on the SEC website