SiriusXM's 'Auto Trends' Talks Trumps 25% New Car Tariffs, 1st Quarter Sales & More with Two Auto Analysts (Two Shows)

 

Steve Fiorani, the vice president of AutoForecast Solutions, and Kevin Tynan, the director of research for The Presidio Group, joins Auto Trends with JeffCars.com, a syndicated multicultural automotive program, to analyze first quarter sales and what it means to consumers and the industry.

'Auto Trends' Talks About Consumer New Car Purchasing Behavior Post Pandemic And The New Tariffs

Auto Analyst Tom Libby  (Photo Credit: S&P)

Tom Libby, a Detroit-based auto analyst, who serves as S&P Global Mobility director of loyalty, talks to Auto Trends with JeffCars.com, a syndicated multicultural automotive radio program about the latest car-buying trends.

Being that this is the five-year anniversary of the Covid-10 pandemic, Libby analyzes the shift in consumer purchasing behavior with new vehicles throughout that period, as well as the average transaction prices. 

What A 25 Percent Tariff Would Mean On A Car Purchase

 

To enlarge, click on the image.

Earlier this week Trump delayed placing a tariff on vehicles and/or parts being sourced from our allies: Canada and Mexico. As the President of Ford Motor Company, Jim Farley, stated last month, any tariffs will be passed along to the consumer. And Farley echos the sentiments of most automakers. Essentially tariffs are an added tax.

The above image represents the Monroney Sticker of a 2025 GMC Sierra 1500 truck. The highly contented truck, which is manufactured in Mexico, is being imported to the United States.  

'Auto Trends' Talks 2024 New Vehicle Sales, Auto Mergers, EV Incentives And More With AutoForecast Solutions

 

Sam Fiorani, AutoForecast Solutions' vice president of global sales, kicks off the new year with Auto Trends with JeffCars.com, the only syndicated multicultural automotive radio program in North America, discussing a multitude of topics that could possibly drive the industry in 2025.

We'll recap 2024 year-to-date car sales, while also talking about the pending merger between Honda and Nissan.

'Auto Trends' Discusses How The Trump Presidency Will Impact The Auto Industry

Tesla Vehicles (Photo Credit: Tesla)

As a result of the November 6, 2024, Presidential election results, Auto Trends with JeffCars.com, the only syndicated multicultural automotive program in North America, will take a look ahead as to how the auto industry and car buyers will be impacted.