What Happened
Dealerships Face Challenges As Tariff Related Costs Increase
The automotive industry is facing challenges as tariff-related costs rise, forcing repair shops to adjust and customers to confront bigger bills. A synthetic motor oil shortage, caused by the US war with Iran, is threatening dealership service lanes and new-vehicle production. Nissan and Toyota are rationing supplies, while others stockpile inventory. This development was reported by Automotive News.