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General Motors (GM) plans to expand production at one of its plants in Indiana thanks to President Donald Trump’s tariffs on foreign-made cars. On Wednesday evening, Trump announced a 25 percent tariff on all foreign-made cars to protect the nation’s auto industry from unfair trade competition. GM executives said they will be increasing production of light-duty trucks at the automaker’s Fort Wayne Assembly Plant in Indiana, according to an exclusive report by Reuters on Thursday.

Toronto -- Canadian Prime Minister Mark Carney on Wednesday said that US President Donald Trump’s auto tariffs are a “direct attack” on his country and that the trade war is hurting Americans, noting that American consumer confidence is at a multi-year low. Trump said earlier on Wednesday that he was placing 25 per cent tariffs on auto imports and, to underscore his intention, he stated “This is permanent”. “This is a very direct attack. We will defend our workers. We will defend our companies. We will defend our country,” Carney responded. Mark Carney said he needs to see the details...

Shares sagged Thursday in Asia, apart from China, after President Donald Trump announced he will slap 25per cent tariffs on imported cars. Trump said he was raising duties on auto imports to encourage more manufacturing in the US, but the impact will be complicated since US automakers and even foreign manufacturers with factories in the U.S. Source many of their components from around the world. Japan’s benchmark Nikkei 225 lost 1per cent to 37,662.36. Toyota Motor Corp stock dove 3.2per cent, while Honda Motor Co stock dipped 2.8per cent. Nissan was down 2.6per cent. Mazda Motor Corp shares dropped 6.5per...

German luxury auto manufacturer Audi said it is considering moving car production to the United States to avoid tariffs from the Trump administration. Volkswagen’s subsidiary Audi brand said this week that it is examining various long-term strategies, including potentially shifting production to America, to deal with President Donald Trump’s restrictions on foreign imports. Audi CEO Gernot Döllner said that the company is “currently assessing various scenarios for additional localization in North America – among other things, to be closer to the needs of local customers and to make ourselves more resilient to global economic uncertainties.”

Advance Auto Parts has made a bold decision that will shake the automotive retail landscape: all 138 of its California stores and distribution centers are closing. This isn’t just a minor adjustment—this is a drastic move aimed at addressing the company’s serious financial woes. The closures, which are part of a broader restructuring plan, come at a time when Advance Auto Parts is grappling with deep financial losses and a weakened market position. This is a company under siege, fighting for its survival in an increasingly tough environment. The closures, which first hit the news in November through a federal...

Illinois had some rare, good news yesterday.Stellantis, the Big 3 auto maker, announced it will be investing $1.2 billion in its Belvidere assembly plant and bringing back about 1,500 jobs there.You’ll never know who really got it done if you listen to Illinois’ leadership.It was a “dramatic turnabout,” as the Detroit Free Press put it.As you may remember, Gov. JB Pritzker announced to much fanfare in October 2023 that the Stellantis facility in Belvidere, idled with layoffs just before the previous Christmas, would be reopened. But no deal was ever signed and, last year, Stellantis indefinitely postponed any Belividere expansion,...

What I remember most is how Trump came alive on shop floors, speaking to steelworkers, truckers, and plumbers. He really listened to the kind of people who historically voted Democrat. It didn’t surprise me when he got the GOP nomination for president—beating people like Marco Rubio and Ted Cruz. Then, on September 1, 2016, I decided to take a buyout from the paper where I had worked for 11 years, because I figured the next stage would be layoffs. I remember walking out of the building and thinking, I’m 57 years old, and there’s no job for me. Mine wasn’t...

Strong winds once again fueled a Southern California brush fire on Monday evening, pushing the Auto Fire to spread through the Santa Clara Riverbed in Ventura dozens of firefighters worked to gain the upper hand.

Vice President Kamala Harris is under fire for accepting campaign contributions — originally sent to President Joe Biden’s presidential campaign before he backed out — from a Chinese auto executive with ties to the Chinese Communist Party (CCP). Officials with Driving Force Action PAC wrote to Harris on October 11: We are deeply concerned about the reported $50,000 in political contributions your campaign received from Stella Ke Li, a Chinese national and senior executive at BYD, a Chinese electric vehicle company with close ties to the CCP and a company identified as a national security threat on par with Huawei....

Americans’ auto-insurance rates are rising rapidly because President Joe Biden’s migration policy puts millions of new migrants on the road, often without driver training or English language lessons. Federal data shows that monthly auto insurance rates rose by roughly 8.3 percent under President Donald Trump, but by 20 percent under President Joe Biden and his pro-immigration vice President, Kamala Harris. That 20 percent jump adds up to an annual $500 “tax” on Americans’ pocketbooks. PPI industry data for Direct property and casualty insurers–Private passenger auto insurance, not seasonally adjusted (Bureau of Labor Statistics)Since 2021, Biden has imported roughly 10 million...

If you pay for car insurance, you’ve probably noticed that rates are really high lately. You’re not alone. Last week’s Consumer Price Index (CPI) report — the government’s method for tracking what people are paying for goods and services and how that’s changing over time — noted that the price of car insurance was up more than 20 percent over the same time last year. What’s particularly painful is that rates were already rising: CPI reports have shown that, overall, car insurance rates are up more than 38 percent since January 2020. What’s going on? The big insurance companies have...

Formula 1 fans watching the Las Vegas Grand Prix tore down controversial track view-blocking screens along the public areas of the city’s famous Strip during the returning race, Motorsport.com has learned. The race had already courted some controversy in the weeks leading up to this weekend on this element when view-blocking filters were applied to areas of pedestrian bridges running over the Strip that prevented people without tickets from seeing the track. When attempts were made to remove this by local residents, it was replaced in the relevant areas and had cage-like structures added that also covered the bridges' upper...

With auto loan rates at historic highs, rising payments, and mounting consumer debt, the auto lending industry is facing an inflection point. With lenders continuing to tighten restrictions and some even deciding to leave the consumer auto loans market, the stage is set for what could become a full-blown auto loan debt crisis. But how impactful such a crisis would be and how the industry can navigate its way out remains to be seen.

Former Chrysler and Home Depot CEO Bob Nardelli explains why he thinks the UAW strikes will 'go on for a while.'

On Friday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” NBC News Business and Data Reporter Brian Cheung stated that auto workers are pushing for higher wages in part due to the massive inflation in recent years, but also because they “want to make sure that they can extract as much now, given the fact that we’re not past high inflation.” Host Andrea Mitchell said, “[L]et’s talk about the backdrop here: The workers gave up a huge amount in salary and pension benefits back when there was the government bailout. The auto industry was going bankrupt and the White House stepped in...

WASHINGTON — President Biden endorsed a United Auto Workers strike at manufacturing plants of the “big three” domestic car makers as the union demands a 40% pay raise and a 32-hour work week. “Over the last two — past decade, auto companies have seen record profits, including the last few years, because of the extraordinary skill and sacrifices of the UAW workers,” Biden, 80, said at the White House Friday, hours after the strike began.

A Bronx car-theft crew behind a major $3 million crime ring was busted after members were caught flashing wads of cash and stolen vehicles on social media, authorities said. Six members of the brazen crew were caught targeting car dealerships, cell phone stores and ATM businesses amid a soaring grand larceny auto rate in New York City, according to Attorney General Letitia James. They pleaded guilty to more than 200 thefts last week and all six were sent to prison, prosecutors said on Friday. In total, the thieves stole a staggering $3 million worth of goods, including at least 54...

Bidenomics, the term for “Government Gone Wild! in terms of spending and EPA regulations, is a disaster for the US middle class and low wage workers. Even the 1% are now hurting if bought into Biden’s green lunacy. Ford is now down -48% since January 14, 2022 as The Fed started raising rates to fight inflation. GM is down “only” -40%. Ford is slated to lose $4.5 billion from its EV segment this year, a $1.5 billion larger loss than the company had expected. So far this year, the division has lost $1.8 billion and this year’s $4.5 billion loss...

The Los Altos and Palo Alto police departments continue to collaborate on the search for a suspect implicated in a May 3 felony hit-and-run, as well as another subsequent vehicle theft by the same suspect, according to Los Altos Sgt. Brian Jeffrey. The suspect entered the McClaren car dealership on El Camino Real in Palo Alto and stole a 2023 McClaren GT before heading eastbound on Foothill Expressway toward Los Altos. The suspect attempted to turn from Foothill onto Magdalena Road, but because the vehicle was traveling at a high speed, the car veered off the road and hit three...

Conservative commentator Mark Levin blasted the Ford Motor Co. and other automakers for removing the AM radio frequency from their vehicles. Levin labeled the move an assault on conservative talk radio...