News

Creative Bloq on MSN13h
The Volkswagen logo is suddenly causing mass confusion and friendship-ending arguments
The Volkswagen logo is one of the most memorable car logos around. Everyone knows what it looks like. And at first glance, it ...
Tariff On Foreign Cars, Parts Remains Despite Trump’s Tariff Pause
President Trump’s newly announced 90-day pause on most reciprocal import tariffs has left a major industry behind: autos.
GM, Ford and Stellantis face extra $5,000 cost for each car made in America, thanks to Trump’s tariff on parts
As American businesses and shoppers try to figure out the effects of President Donald Trump’s tariffs, one research center is ...
Struggling auto parts chain closing down all stores but one
Related: Another discount retailer closing over 1,000 stores Take, for instance, traditional brick-and-mortar stores. These ...
Forecast Predicts Tariffs to Increase Auto Insurance Costs 60% Faster
Car insurance costs were predicted to rise by the end of 2025 without tariffs, but President Trump’s new levies introduce a new ball game.
Hertz price target lowered to $2.70 from $3.30 at BofA
BofA lowered the firm’s price target on Hertz (HTZ) to $2.70 from $3.30 and keeps an Underperform rating on the shares. The firm notes that its ...
Nio price target lowered to $3.50 from $4.20 at Mizuho
Mizuho lowered the firm’s price target on Nio (NIO) to $3.50 from $4.20 and keeps a Neutral rating on the shares. The 90-day pause on ...
NBC News6d
Trump says he ‘couldn’t care less’ if foreign automakers raise prices due to tariffs
NBC News reported this week that foreign auto parts would also be taxed at 25% even if the vehicles they go into are assembled domestically. Companies that import vehicles under the United States ...