On Wednesday, March 26, President Donald Trump signed an executive order to impose 25% tariffs on all imported automobiles and auto parts. His administration has stated that these measures will...
Aston Martin received a $162 million funding boost from its chairman, Lawrence Stroll, to help navigate ongoing financial challenges. The investment comes from Stroll's Yew Tree Consortium, which will also...
Earlier this morning, a Tesla dealership on the outskirts of Rome, Italy, erupted into flames that destroyed over a dozen of vehicles. Italian police are investigating the cause of the...
The latest Cox Automotive Dealer Sentiment Index (CADSI) reveals that U.S. dealers still face challenges in early 2025, with overall sentiment remaining below the neutral threshold. Despite a slight improvement...
In recent weeks, the automotive industry has been in turmoil due to concerns over President Donald Trump’s 25% tariffs on automobiles, which have shaken the global market. In today’s special...
President Donald Trump has proposed a tax deduction for interest paid on auto loans for U.S.-made vehicles, a move aimed at boosting domestic car production while counteracting potential price increases...
As the auto industry braces for the impact of impending U.S. tariffs on imported vehicles, United Auto Workers (UAW) President Shawn Fain is rejecting the widely held belief that these...
Ferrari has announced price increases of up to 10% on specific models in response to new U.S. import tariffs set to take effect on April 2. The Italian luxury automaker...
A Las Vegas man has been arrested on state and federal charges in connection with the Molotov cocktail attack on Tesla vehicles at a collision center in the city.
Paul...
Hyundai Motor Group just celebrated the opening of its new massive EV plant in Georgia. The Hyundai Motor Group Metaplant America (HMGMA) is part of the automaker's $12.6 billion investment...