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Auto leaders say we’re already feeling impacts of Trump’s tariffs

May 23, 2025 / 4 min read

Word on the street is tariffs are shaking up the auto industry, driving up consumer prices, and highlighting the need for collaboration to overcome these challenges. Plante Moran’s Dan Lee discusses more with KC SmartPort.

Dan Lee, Plante Moran automotive and strategy practice principal, shared insights on the auto industry’s current challenges and future prospects. He highlighted the impact of tariffs on raw material and subcomponent costs, potential price increases for consumers, and the importance of industry collaboration to navigate these hurdles.

For more details, read the full article here.

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