Investing.com -- Despite a relaxation in auto parts tariffs, car manufacturers are still expected to face price impacts ranging from $2,000 to $12,000, according to a recent statement from Michigan-based Anderson Economic Group.

The group revealed on Thursday that vehicles assembled in the U.S. such as the Honda (NYSE: HMC ) Civic, Honda Odyssey, Chevrolet Malibu, Toyota (NYSE: TM ) Camry Hybrid, and Ford Explorer could see price impacts between $2,000 and $3,000 due to the tariffs.

In addition, imported vehicles, including full-size luxury SUVs, some electric vehicles, and other cars assembled in Europe and Asia, could face tariff impacts ranging from $10,000 to $12,000. The list of affected imported vehicles includes the Mercedes G-Wagon, Land Rover and Range Rover models, some BMW (ETR: BMWG ) models, and the Ford Mach-e.

These predictions come despite softened auto parts tariffs imposed by the White House and retaliatory tariffs. The consulting group’s statement underscores the significant financial impact these tariffs could still have on the auto industry, despite recent policy changes.

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