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Morgan Stanley: Auto Tariffs to Elevate Prices of US Used Cars and Insurance Premiums
2025-03-30 /
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Author：小编
In a research report issued on March 30, Morgan Stanley revealed that automotive tariffs could postpone the surge in used car and auto insurance prices, thereby intensifying inflationary pressures. The escalating prices of new cars may steer consumers towards used cars, bolstering demand for the latter and consequently elevating their prices. Additionally, the uptick in used car and parts prices will augment the costs incurred by auto insurance companies. Consequently, these tariffs might postpone the anticipated decrease in auto insurance premium inflation this year.
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