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Feb. 7, 2025

Daily Dealer: Trump halts funding for EV chargers, how tariffs could affect interest rates, N.C. auto insurers eye rate hikes

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Car Dealership Guy Bites

Welcome to The Daily Dealer—your go-to roundup of the top auto industry headlines for the day—keeping you informed and ahead. 


This episode is brought to you by Edmunds — Premier by Edmunds offers dealers a groundbreaking way to connect with in-market car shoppers precisely when, where, and how they prefer. Simply list your new and used inventory on Edmunds to gain access to an audience of over 20 million monthly visits, and watch as qualified, in-market traffic flows directly to your vehicle detail pages on your website. Learn more at https://edmu.in/42xjR0g


Today’s top stories:


1. Trump Administration freezes NEVI funding for new EV chargers

https://news.dealershipguy.com/p/trump-administration-freezes-nevi-funding-for-new-ev-chargers-2025-02-07


2. Tariffs could slow interest rate cuts, says Chicago Fed CEO

https://news.dealershipguy.com/p/tariffs-could-slow-interest-rate-cuts-says-chicago-fed-ceo-2025-02-07


3. Auto insurers want a 22.6% hike on rates for North Carolina drivers

https://news.dealershipguy.com/p/auto-insurers-want-a-22-6-hike-on-rates-for-north-carolina-drivers-2025-02-07



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