Sales

Tax threat heightens concern about affordability

According to a report issued last week by Baum & Associates, a 20 percent import tax -- the amount most commonly being discussed -- would force Tata Motors' Jaguar and Land Rover brands to raise U.S. prices by an average of $17,204 per vehicle.
February 13, 2017 05:00 AM

Prices for new cars and trucks, being pushed ever higher by fuel economy improvements, safety equipment and advanced technology, could soar out of range for many buyers with the addition of an import tax to the equation.

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