Many people are racing to dealerships before new tariffs begin to raise prices. Some manufacturers are also halting their assembly lines ahead of the tariffs.

President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.

U.S. President Donald Trump's administration on Wednesday confirmed that his 25% global car and truck tariffs will take effect as scheduled on Thursday and that duties on automotive parts imports will be launched on May 3.