Hyundai touts US presence as Trump tariff plans loom over foreign automakers
Hyundai highlights its manufacturing presence in the U.S. as President Donald Trump's tariff plans loom over the foreign automobile industry.
Mercedes-Benz CEO signals potential for more US investment
Mercedes-Benz CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to investing more in the U.S.
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
President Donald Trump is planning to impose 25% tariffs on imported automobiles as well as tariffs at a similar level on pharmaceutical imports and semiconductors.
Americans' credit card and household debt reach all-time high
Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.
Top automaker could move some production out of Mexico amid Trump tariff talks, CEO says
Nissan CEO Makoto Uchida suggested President Trump’s tariffs could prompt the car manufacturer to shift its production outside of Mexico.
Ford CEO says tariffs could 'blow a hole' in US auto industry
Ford CEO Jim Farley said at an analyst conference that while President Trump wants to help automakers, his Canada and Mexico tariffs could "blow a hole" in the U.S. auto industry.
Court throws out car-buying transparency rule: What consumers should know
Experts explain why the U.S. Court of Appeals for the Fifth Circuit struck down a rule that they say could have help consumers save billions in the car buying process.
Ford expecting mounting EV losses this year
Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above $5 billion in 2025, similar to last year.
Nissan, Honda respond to reports of potential merger being scrapped
Nissan and Honda, both major automakers based in Japan, responded on Wednesday to reports that a potential merger of the two companies could be at risk of being abandoned.
Automotive groups react to Trump tariffs on imports from Canada, Mexico, China
President Donald Trump over the weekend announced planned tariffs on imports from Canada, Mexico and China. Some auto groups have reacted to the tariffs.
Car insurance rates soared in 2024; drivers in these states pay the most
Auto insurance premiums climbed 15% nationwide in 2024, but some drivers are feeling the pain more than others, depending on the state where they live.
Honda recalls nearly 295K Honda, Acura vehicles for risk of engine stall, power loss
Honda is recalling nearly 295,000 Honda and Acura vehicles that could potentially suffer engine stalls or loss of power from faulty software.
Over 80,000 Kia electric, hybrid vehicles recalled over issues with airbags: NHTSA
Kia is recalling over 80,000 of its electric and hybrid vehicles over a floor wiring issue that increases the risk of unintentional and improper airbag deployment.
Tens of thousands of Jeep Cherokees recalled over issue that 'increases risk of crashes'
Chrysler recently initiated a recall for 63,000 Jeep Cherokee vehicles with issues related to power transfer units, posing a safety threat.
BMW UK announces it's leaving X — and gets mercilessly mocked
Social media users slam at BMW UK for announcing it would "no longer" post on X. Many pointed out the BMW's past ties to Adolf Hitler, while others said the automaker was going woke.
Ford recalls over 272K vehicles due to battery failure issues
More than 272,000 Ford Bronco Sport and Ford Maverick vehicles are being recalled because their 12-volt batteries may fail unexpectedly while driving.
Trump touts energy plans in inaugural address
President Trump previewed his administration's plans for energy policies in his inaugural address, including a national energy emergency and refilling reserves.
RV sales are 'crystal ball' for economic future, says auto expert
Auto expert Mike Caudill joins 'The Big Money Show' from the 40th Annual Florida RV Supershow to discuss the RV industry improving in 2024.
California wildfires: does your car insurance protect you from fire damage?
Countless vehicles have been burned and will be total losses due to to the California wildfires, and whether or not they are covered depends on the owner's insurance policy.
Nvidia CEO: 'ChatGPT moment for general robotics is just around the corner'
Nvidia CEO Jensen Huang said the general robotics industry is nearing a "ChatGPT moment," during his keynote address at the Consumer Electronics Show in Las Vegas.