Automakers could still face $2,000 to $12,000 vehicle price impacts from tariffs
Anderson Economic Group said U.S. assembled vehicles like Honda (7267.T), opens new tab Civic and Honda Odyssey, Chevy Malibu (GM.N), opens new tab, Toyota Camry Hybrid (7203.T), opens new tab, and Ford Explorer will face impacts of $2,000 to $3,000, while imported vehicles could see $10,000 to $12,000 tariff impacts including full-size luxury SUVs, some EVs and other vehicles assembled in Europe and Asia with some vehicles including the Mercedes (MBGn.DE), opens new tab STLAM.MI 7203.T G-Wagon, Land Rover and Range Rover models, some BMW models, and the Ford Mach-e (F.N), opens new tab.
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How Honda's New Insurance Service Benefits Car Owners
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. This special example of the Ruf CTR 'Yellowbird' is a heavily personalized example with a very interesting backstory. It's the only part of the car that isn't specially-developed, and even so, it's been modified for use in the Bug. You can lease a new 2025 CX-70 or CX-70 hybrid for less than $500/month. Car insurance is Honda's latest product offering, but other carmakers offer it as well While you might look to Honda or Acura to supply your next car, you can now also turn to them for auto insurance. Like an increasing number of automakers, Honda is getting into the auto insurance business with the launch of Honda Insurance Solutions in all 50 states. 0:08 / 0:09 GM sued for selling driver data to insurers Watch More 2026 Acura Integra — Source: Acura 'Insurance is a key touchpoint in the vehicle ownership journey,' said Petar Vucurevic, President, American Honda Insurance Solutions, LLC, and Senior Vice President, American Honda Finance Corporation. 'Honda Insurance Solutions offers customers access to coverage through a brand they know and trust.' Honda announced last week that it plans to begin offering coverage for automobiles, motorcycles, RVs, homes, and more. The automaker will be working with insurance company HUB International Limited through its digital brokerage VIU. It's the first step in Honda's broader insurance strategy, with future plans to integrate insurance into digital vehicle sales platforms. The company also plans to offer auto insurance with optional OEM parts coverage that ensures claim repairs are made using Honda and Acura parts. 2026 Honda HR-V EX-L — Source: Honda 'We aim to deliver a superior experience tailored to the unique needs of each customer,' Vucurevic said, adding, 'This is just the beginning of our vision for Honda Insurance Solutions that will see insurance integrated throughout the Acura and Honda digital customer journeys.' Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Honda joins a growing list Honda's foray into insurance is far from an anomaly, as other automakers have offered insurance for some time. Tesla Insurance arrived in 2019 and bases pricing on a safety score derived from driving habits. It provides savings when you cover more than one Tesla and promises to be 20% to 30% less expensive than other insurance. 2025 Ford Escape — Source: Ford By the following year, Ford Motor Company partnered with Nationwide Mutual Insurance to launch Ford Insure for owners of 2020 and newer Ford vehicles, offering car, home, and pet insurance. The company uses its FordPass Connect modem telematics system to monitor driving behavior and award safe driving discounts to its car insurance rates. It also offers bundling discounts. General Motors knew a good idea when it saw one, launching OnStar Insurance in November 2020. It rebranded to General Motors Insurance in 2024 with policies underwritten by American Family Insurance. In addition to providing deductible waivers and accident forgiveness to safe drivers, it also gives GM car owners loyalty discounts. 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