Auto Industry's Metal Price Rollercoaster: Tariffs, Shortages, and EVs

Markets & Money Today | 2 Min News | The Daily News Now! - En podcast av The Daily News Now! - Tisdagar

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Carmageddon averted? Metals prices dip, but auto industry still faces rising costs and shortages. Tariffs on steel and aluminum are driving up car prices by up to $1500, while China's grip on rare earth minerals threatens EV production. Automakers scramble for solutions: longer contracts, new suppliers, and design tweaks. Will prices ease by 2026, or will geopolitical storms keep the pressure on? Hosted on Acast. See acast.com/privacy for more information.

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