If President Donald Trump's announced tariffs on auto parts actually go into effect on Wednesday, local car dealerships and stock prices of auto manufacturers will not see an immediate impact. That's in part because they already have, a University of Tulsa associate professor of economics said. Meanwhile, the president of a state organization representing new car dealers said extended tariffs could be detrimental for both consumers and dealers. "There is concern that tariffs could put vehicles out of reach for consumers," said Peter Hodges Sr., president of the Oklahoma Automobile...

• Italian automaker Ferrari has said it will increase prices on some of imports by 10%. • Wedbush Securities now estimates automakers will have to increase new car prices by $5,000 to $15,000. A Wall Street firm is increasing its estimate on how much carmakers will likely have to raise the prices of new vehicles to offset the 25% tariff President Donald Trump implements on any vehicles or auto parts imported into the United States. The increased estimate comes on the heels of news that uber-luxury sportscar manufacturer Ferrari appears...