News - Auto News

Tesla suffers another fire at Calif. plant

A machine used for paper recycling caught fire late Thursday at Tesla's plant in Fremont, Calif., outside the company's main EV assembly line, but manufacturing was unaffected.

CarMax profits rise on tax-rate change

CarMax's profits rose in the quarter ended May 31 largely because of a lower income tax rate, the nation's largest used-car retailer said Friday.

Trump threatens 20% tariff on European Union cars

President Trump threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S.

BMW and Audi dealers call Trump tariff plans 'scary' and 'tragic'

Ask dealers about President Trump's threatening to tax imports of European models, and they'll tell you buyers of those cars might as well throw the money saved on their tax bills out the window.

Russia may slap duties on U.S. cars, light trucks

Russia is the latest country to threaten the U.S. with retaliation for tariffs on metals imports, warning Friday that American cars could soon face higher taxes.