There is currently no shortage of uncertainty surrounding automotive retail. From tariffs and rising ownership costs to vehicle affordability, dealers have plenty to watch. Joining us on today’s edition of CBT Live is Cox Automotive Chief Economist Jeremy Robb, who dives into tariffs, consumer demand and the broader economic outlook. According to Robb, the latest round of tariff uncertainty ranks among the biggest concerns facing automakers, dealers and consumers alike. Since President Trump has threatened to raise tariffs on Canadian-built vehicles and parts to 50%, double the current 25% rate, after trade talks with Canada broke down, Robb said the increase could raise costs on high-volume models built in Canada,…
