Center for Automotive Research

And it will stay on the same platform, but will get a complete redesign and will stay in production at the Magna assembly plant in Austria until 2039.

The Center for Automotive Research, or CAR in Ann Arbor, did a deep dive into new car pricing in the U.S. market and came up with some unexpected findings.

On an inflation-adjusted basis, new car prices are up only 8% since 2002, and for passenger cars, inflation-adjusted prices are actually down 16%.

Prices for new vehicles have gone up less than housing, medical care, education, and childcare.

Companies planning to use the exemption must notify the Federal Motor Carrier Safety Administration and disclose any crashes when the beacons are activated or should have been activated.

As we've talked about, the US tool and die industry is in decline, and a new study from the Center for Automotive Research, or CAR, shows just how much trouble it's in and why it needs to be rebuilt.

The US tool and die workforce declined about 23% from 2009 to 2025, while the average worker age rose from 49 to 54 years old.

Also, US metalworking machinery employment declined 46% between 1990 and 2026, and metalworking machinery imports increased from $4.5 billion in 1989 to $16 billion in 2025.

With Automotive Insight, I'm John McElroy.

Despite all the talk about bringing back manufacturing to the US, a study from the Center for Automotive Research in Ann Arbor shows that American automakers and suppliers now buy most of their tools, dies, molds, jigs, and fixtures from Asia.

And if you can't make your own tools and dies, you really can't say that you're bringing back manufacturing, because that's where manufacturing starts.

Not only does this leave the US auto industry vulnerable to supply disruptions, it has huge national security implications.

The study from the Center for Automotive Research says the US needs to make sure it develops the talent to make tools in the US, but it also says the auto industry needs to do a better job of how it supports American tool and die shops.

With Automotive Insight, I'm John McElroy, WWJ Newsradio 950.

Analysts at Wedbush estimate that the tariffs could reduce new auto purchases by up to 20% and raise the prices of a typical car to a US consumer by $5,000 to $10,000.

The Center for Automotive Research says that Trump's auto tariffs will increase costs by about $108 billion for US automakers in 2025 alone.

They estimate that the average imported vehicle sold in the US will be hit with additional taxes of $8,722, while the Detroit 3 automakers will be hit with an additional tax of $8,641, making them $81 cheaper than the foreign competition.

The United Auto Workers Union hailed the tariffs as a victory for auto workers and the end of the three-decade free trade disaster.

including the large one in Europe, are well quarantined as the European factory neither sells many vehicles to the US nor do Europeans buy many of the models built in the US.

American manufacturers will still be hit hard by the new tax as they use a lot of foreign components, many of which come from China and can be taxed at rates as high as 145%.

According to the Center for Automotive Research, the new taxes are expected to cost the Detroit 3 automakers $108 billion.

Consumers won't necessarily be able to avoid price hikes by buying American-built cars either.