Tag Archives: auto

WASHINGTON (AP) — Michigan Gov. Gretchen Whitmer met privately in the Oval Office with President Donald Trump to make a case he did not want to hear: the automotive industry he said he wants to save were being hurt by his tariffs. The Democrat came with a slide deck to make her points in a visual presentation. Just getting the …

There’s been a lot of speculation about the cost of Grand Theft Auto 6, with some companies hoping that it will debut at $100 to open the door for more games to drop at that price. The current ceiling for gaming prices appears to be $80, but Strauss Zelnick–the CEO of Rockstar Games’ parent company, Take-Two Interactive–doesn’t seem to be …

Japan presses US on auto tariff cut, seeks clarification on other levies  Reuters Does Japan Want American Cars? Trump’s Push to Open Foreign Markets Faces Test.  The New York Times Confusion Over Tariff Stacking Hampers Japan’s Bid to Pin Down US Trade Deal  Bloomberg.com The United States imposes 15% ‘reciprocal’ tariff on most Japanese goods  The Japan Times U.S. denies tariff exemption for Japan, …

Xiaomi Unveils New AI Voice Model to Boost Auto, Home Tech  Bloomberg.com Xiaomi Announces Open-Source Voice Understanding Large Model MiDashengLM-7B  富途牛牛 Xiaomi’s AI-Powered Ecosystem: A Strategic Flywheel for Long-Term Growth in 2025  AInvest XIAOMI-W Open-Sources Large Model for Sound Understanding  AASTOCKS.com Xiaomi presents new AI voice recognition model  breakingthenews.net Source link

Andrew Harnik/Getty Images The newly announced trade deal between the U.S. and the European Union contains what looks like a dramatic rebalancing of the trade relationship for autos. The EU’s automakers will pay a 15% import tax on what they send to America, while the U.S. automakers will pay nothing to the …

Car buyers’ auto debt is snowballing, Edmunds says  Axios Column | More Americans are car poor as they misjudge trade-in math and pile on debt  The Washington Post New Car Buyers Are Getting Trapped in This Scary Financial Situation  autoblog.com Underwater car loans hit their highest level in 4 years  NewsNation ‘It’s extremely unfortunate’: New data shows more car owners are underwater on auto …

Key Points Luxury carmakers Porsche, Mercedes-Benz Group and Aston Martin on Wednesday each outlined the extent to which U.S. import tariffs have taken their toll. Collectively, the carmakers warned of combined costs exceeding 770 million euros ($889 million). “This is not a storm that will pass,” Oliver Blume, chairman of the executive board of Porsche, said in a statement. Luxury …

The new tax break will be available even to people who don’t itemize deductions. But there are some caveats that could limit its reach. The vehicles must be new, not used. They must be assembled in the U.S. And the loans must be issued no sooner than this year, to list just a few qualifications. Here are some things to …

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s… Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle …

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle loans. The new tax break will be available even to people who don’t itemize deductions. But there are some caveats …