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Tag: Auto

Slotkin’s Support of EV Mandates Is Ceding Auto Market to China

Former Rep. Mike Rogers (R-Mich.) criticized Rep. Elissa Slotkin (D-Mich.) for her history of supporting electric vehicle (EV) mandates during Tuesday's Michigan Senate debate. did. The auto industry has proven to be one of the most important issues in both Michigan's presidential and U.S. Senate races, and it was a hot topic Tuesday night. clock: […]

Stricter rules of origin won’t help Michigan’s auto workers 

In speeches in Michigan over the past few weeks, both presidential candidates made big promises to autoworkers about U.S. trade policy. Their proposals would do more harm than good. vice president kamala harris criticized the U.S.-Mexico-Canada agreement (USMCA) decried what ails the industry, arguing that “President Trump's trade deals made it all too easy” to […]

Keanu Reeves Spins Out at Indianapolis Motor Speedway in Pro Auto Racing Debut

INDIANAPOLIS (AP) — Hollywood Star Keanu Reeves He made his professional auto racing debut at Saturday's event. Star of “The Matrix” It spun out at the famous Indianapolis Motor Speedway. Reeves spun into the grass on the halfway exit of Turn 9 without colliding. 45 minute race. He got back into the car, showed himself […]

Feds Admit 155,000 Migrant Driver Arrests as Auto Insurance Spikes

As Americans' auto insurance premiums skyrocket, the federal government has released data showing more than 155,000 immigrants have been convicted or charged with traffic crimes. It has become clear that dangerous, drunk, drugged or reckless drivers are being imported in large numbers. report By Immigration and Customs Enforcement within the Department of Homeland Security. For […]

How the Fed’s rate cut will impact auto loans

Eddie Ghabour, co-founder of Key Advisors Wealth Management, speaks with Varney & Co. about how the Fed's decision to cut interest rates will impact markets in the near term. Americans looking to buy a car in the near future may be hoping that the Federal Reserve's 50 basis point cut in the federal funds rate […]

Trump says he will make Chines auto imports from Mexico ‘Unsellable’

At a campaign rally in Flint, Michigan on Tuesday night, former President Trump spoke about his plans to impose a 200% tariff on all cars imported from Mexico, saying they would “be unsellable” in the United States. “Tariffs are the greatest invention of all time,” Trump said at a town hall event hosted by Arkansas […]

Americans are falling behind on credit card bills, auto loans

There are growing signs that Americans are struggling to make payments, and Wall Street is starting to worry. About 9.1% of credit card balances were delinquent in the past year, the highest rate in more than a decade, according to a recent survey by the Federal Reserve Bank of New York. The same survey found […]

Biden-Harris EV Rule Could Gut 123,000 Auto Manufacturing Jobs

According to an analysis by the America First Institute, the Biden-Harris plan for electric vehicles could cost the U.S. 123,000 auto manufacturing jobs, and an even more radical proposal pushed by Vice President Kamala Harris would be even more devastating, especially in Rust Belt states. In the analysis, Published On Monday, the release found that […]