Auto Industry's Metal Price Rollercoaster: Tariffs, Shortages, and EVs
Update: 2025-09-15
Description
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?
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