Car prices: Customers in 'confusing situation' amid tariff shocks
Used car prices fell by 0.5% month-over-month, according to April's Consumer Price Index (CPI) report release Tuesday morning, new vehicle prices remained flat from March. AutoGuide Editorial Director Greg Migliore sits down with Wealth's Brad Smith to talk about how American auto companies are already forecasting profit hits from President Trump's tariffs in the coming quarter, while also sharing his outlook on auto prices for prospective buyers ahead of the summer buying season. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
