Home Business Automakers are eating the cost of tariffs — for now

Automakers are eating the cost of tariffs — for now

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New German cars are parked at a logistics center in Essen, Germany, on Feb. 3.

Last quarter, tariffs cost the auto industry billions of dollars. So far, that has come out of profits instead of being passed along to buyers. But that could change.

(Image credit: Martin Meissner)

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