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Trump looking at tariff exemptions 'to help some of the car companies'

President Trump said Monday that he is considering tariff exemptions to provide relief to auto companies as he works to restructure supply chains in the latest potential adjustments to tariff policy. “I’m looking at something to help some of the car companies switching to parts made in Canada, Mexico and elsewhere,” Trump said when asked […]

More new car buyers resorted to 84-month loan financing terms

Some Americans are rushing to dealers to get ahead of the car toll kickoff. Jeff from Fox Business flocks more. More car buyers used seven-year loans to fund new vehicles in the first quarter. Recently released reports. Edmunds said last week that he discovered 84 months of loans in the first three months of 2025 […]

‘Leno’s Law’ could be big win for California’s classic car culture

If you're keeping an eye on the California automotive scene, you've probably heard about Senate Bill 712, which is lovingly called “Leno's Law.” yes, that Jay Reno – The comedian, former host of The Tonight Show with Jay Reno and legendary car collector, throws weight behind a proposal that can make life much easier for […]

Trump’s auto tariffs could be boon for rental car companies

Fox Business's Madison Alworth explains how car rental companies have the opportunity to benefit financially from the automotive industry tariffs imposed by the Trump administration. President Donald Trump's recently announced car rates could benefit rental car companies. Hertz jumped over 20% on Thursday with another car rental company Avis posted a double-digit increase on the […]

How will Trump's auto tariffs affect car prices?

President Trump has imposed a 25% tariff on automobile imports. This is expected to raise the narrowing prices for American consumers and automakers relying on global supply chains. This tariff affects popular foreign brands such as Toyota and Honda, but American automakers such as Ford and General Motors also rely on imported parts to assemble […]