New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.

To watch Sholto Gilbertson working a crowd is to see a man seducing the world’s wealthiest car collectors so completely that they will gladly raise a finger to bid another $50,000, or $100,000, to win whatever gilded machine he’s offering on the auction block.

The US is signaling a major shift in trade policy that could send shockwaves through the global car industry :automobile::collision: Commerce Secretary Howard Lutnick hinted that if tariffs on foreign cars are imposed,