News
Japanese Cars In The US Showed Significant Boost In Sales Despite Tariffs
Sales of major Japanese automakers in the United States surged in March, fueled by U.S. tariffs that went into effect on April 3.
Toyota sales rose 8 percent from the same month a year earlier. Honda sold 13 percent more cars and Nissan reported a 10 percent increase in U.S. sales, according to data the manufacturers released Thursday.
Americans seemed to want to support the 25 percent tariff on imported cars. The tariff on the import of foreign cars could make these cars at least 10 percent more expensive in the US.
Several Japanese manufacturers are now making changes to mitigate the impact of the tariffs. For example, Honda plans to move production of hybrid versions of its Civic model to the U.S., while Nissan has halted U.S. orders for Mexican-built SUVs.
-
Celebrities Auto3 days agoThrowback: When KC Luxury Boasted Of Being The Only Person In The World To Own Two Rare Mercedes-Maybachs
-
Celebrities Auto5 days agoInside KC Luxury’s Car Collection: From A ₦2.5B Brabus 800 Adventure XLP To Alicia Keys’ Former Maybach
-
News1 week agoMansa Fulfills Challenge: TikTok Star Peller Gifted ₦300 Million Mercedes-Benz G-Wagon
-
News1 week agoUltra-Rare, Centre-Driving McLaren F1 GTR Fetches Record $34.6 Million At Auction
-
News1 week agoPorsche And Chinese Company Xpeng Collaborate To Lower Average Emissions In Europe
-
News1 week ago“Wike Carry ‘Rivers’ Come Abuja”: Citizens React As Flash Floods Submerge Luxury Vehicles
-
News11 hours agoAndrew Tate’s Lawyers Claim His Famous Bugatti And Aston Martin Are Rented
-
News4 days agoWho Is Herbert Wertheim? The 87-Year-Old Billionaire Who Bought The $40M Ferrari Luce “Chassis 0”