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Alliance for Automotive Innovation says 25% duties would cut U.S. sales, raise vehicle prices.
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Trump moves forward with tariff, citing national security, U.S. industrial base.
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Overall sales fell while $100K-plus models sold like hotcakes.
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Settle in a normal January decline after particularly hot December sales.
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December buying spree, especially for luxury models, capped four-month upward ATP streak.
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The ATP is still elevated despite still-rising incentive packages as the year wanes.
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Incentives and ample supply serving to keep sales healthy despite lingering inflation.
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New-vehicle loans out of reach for many as others take on marathon terms that could put them under water.
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Incentives get closer to prepandemic high as dealers try to mitigate flush inventories.
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Prices down as inventory, incentives head in the other direction.
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