The Trump administration’s automotive tariffs could have a devastating impact on sales and prices. While much of the initial focus has been on the latter, we’re getting a better idea of how much sales could tumble.
According to Reuters, Goldman Sachs lowered their annual U.S. automotive sales forecast from 16.25 million units to 15.40 million. This is a decline of 850,000 vehicles and the company predicted an even worse time in 2026. That forecast was cut 1.1 million units to 15.25 million, which is below the number they expect this year.
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