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 […]

How auto tariffs could affect the car buying process

President Donald Trump said the executive order on automobile fares will lead to “risky growth” at a press conference. Consumers should not compete with dealers to buy cars in hopes of cleaning the president Donald Trump's New tariffs on automobile imports, industry experts say. Brian Moody, executive editor at Autotrader, said it was not wise […]

Texas man crashes car at 100 mph, flees scene leaving family in ditch

Houston police are looking for a man who crashed the car into a ditch at 100 mph, escaped from the scene and left the injured family. Reports from a local outlet said the father was driving with his wife and four children when the SUV crashed into a pickup truck. Surveillance footage shows a man's […]

Trump announces 25 percent tariff on all car imports

President Trump announced Wednesday that he was imposing a 25% tariff on imports of foreign-made vehicles, marking the latest escalation of a trade war with other countries. In the oval office, Trump said the 25% tariff would apply to “all cars not made in the US.” The tariffs will come into effect on April 2nd, […]