There's no other outcome. Costs have to go up if companies are to remain viable and deal with these tariff costs. We've seen estimates of $4,000 to $12,000 U.S. in price increases for new vehicles if these policies stay in place.
September 18th, 2025 / 4:30 p.m.
President and Chief Executive Officer, Canadian Vehicle Manufacturers' Association
There's no other outcome. Costs have to go up if companies are to remain viable and deal with these tariff costs. We've seen estimates of $4,000 to $12,000 U.S. in price increases for new vehicles if these policies stay in place.
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