The 2025 New York International Auto Show opened on Wednesday amid concerns over a bleak market outlook that is looming with the imposition of U.S. President Donald Trump's sweeping tariffs.
Most of the exhibitors at the event expressed evident concerns over the impacts brought by the tariffs.
Mark Schienberg, chairman of the Greater New York Automobile Dealers Association (GNYADA), said the tariffs will undoubtedly tighten manufacturers' profit margins and even affect the launch of new models.
"Some manufacturers were talking about making some of the part suppliers hold, so that would keep the prices down for consumers. It is about affordability, and so one of the things that we're concerned about is the industry, is how will this affect prices. We did have a couple of manufacturers that canceled their vehicle into production here to New York Auto Show because they couldn't get product or they weren't sure if this product was going to be offered in the United States because of the tariffs on it," he said. Many industry insiders said that it is the high uncertainty in the tariff policy, rather than the additional tariff imposition, that panics them more.
"In terms of the industry in America, be it the domestic manufacturers or companies that import cars here, it's been a disaster and it's all that anyone talks about. And I don't see a happy way out of it, and I don't really see the way out other than to stop it and pretend it never happened," said Jamie Kitman, a columnist of the Car and Driver magazine.
Facing mounting uncertainties, many automakers said they began to prepare to embrace the worst scenarios.
Ford has said that if the U.S. government does not adjust the tariff policy, the company will raise the prices of its products starting from this summer.
According to the latest report from S and P Global Mobility, if the United States continues to impose high tariffs on imported cars, the sales of automobiles in the United States will decrease by approximately 700,000 units in 2025, and the production of automobiles in North America will also decline by 1.28 million units.
First held in 1900, the New York International Auto Show is one of the most prominent global auto exhibitions, which attracts visitors from across the world.
Trump tariffs cast shadow over New York International Auto Show
The Iranian government is focusing on public concerns and maintaining stable supplies of essential goods amid recent protests, Iranian President Masoud Pezeshkian said in a televised interview on Sunday.
In the city of Karaj, northwest of the capital Tehran, daily life has largely continued as normal. A video filmed by a local resident on Sunday shows food stores open and grocery shelves fully stocked.
"This is the block near my home, and there are some food stores here. Daily life continues here. Last night we did not see many protests in Karaj. Right now the city is very safe. This is a grocery store close to my home. All the food is available; nothing is in shortage. Here are noodles and different types of beans. Here are dairy products, cheese, and yogurt. I also checked other grocery stores and didn't see any shortages. Everything is available," said local resident Ali Reza.
Iranian officials have described recent disturbances as acts orchestrated by the "enemy," including some carried out by well-trained and armed "terrorists." The incidents have caused casualties among security personnel and civilians, as well as property damage.
The Secretary of Iran's Supreme National Security Council Ali Larijani has directed authorities to severely punish the "terrorists."
Meanwhile, Iran's police chief Ahmad-Reza Radan said on Sunday that the police had raised alert levels and arrested several leaders of the troublemakers during the operations on Saturday.
President Pezeshkian noted in the interview that the normal demands of the Iranian people are reasonable and justified, but they must realize that triggering riots and carrying out terrorist acts are the enemy's attempts to undermine the country. He urged the public to remain vigilant.
Also on Sunday, Iranian Parliament Speaker Mohammad Baqer Qalibaf warned that Tehran would regard U.S. and Israeli bases and facilities in the Middle East as "legitimate targets" if Washington takes military action against Iran. His remarks followed media reports saying U.S. President Donald Trump is "seriously considering authorizing a strike" against Iran.
Iranian state media reported that at least 109 members of Iran's security forces have been killed in clashes since the protests began 14 days ago. Meanwhile, human rights groups based outside the country said the number of protesters killed has exceeded 200, though the figure could not be independently verified.
The protests initially erupted over a sharp depreciation of the rial and sweeping subsidy reforms. Iranian authorities have blamed the unrest on foreign-linked agents and sanctions imposed by the United States.
Iranian president says government focusing on ensuring supplies amid protests
