1414 ET - U.S. car dealers have about 3 million vehicles right now, which will last around three to four months, Ernst & Young partner Steve Patton says. That gives the automotive industry a little time to figure out where they want to move supply chains and how much they want to raise prices now that widespread tariffs have been announced. Auto makers also have the chance to negotiate on tariffs, Patton says, because President Trump's executive order allowed room for lowering or raising the tariff rates. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
April 03, 2025 14:14 ET (18:14 GMT)
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