Trump Renews Threat of 25% Tariffs on European Autos

Trump Renews Threat of 25% Tariffs on European Autos

Months after pulling back on plans to impose hefty tariffs on European auto imports, President Donald Trump again raised that threat during interviews at the World Economic Forum in Davos, Switzerland. In November, the administration let pass the deadline on enacting...
Ford Mustang Sold for Record $3.74 Million

Ford Mustang Sold for Record $3.74 Million

Car collectors will tell you that pedigree matters – and it’s hard to find a more storied version of the Ford Mustang than the one sold over the weekend for a record $3.74 million at the Mecum Auctions event in Kissimmee, Florida. The highland-green pony car was...
Mercedes-Benz Poised to Take Luxury Sales Title Again

Mercedes-Benz Poised to Take Luxury Sales Title Again

The battle for the annual luxury sales crown appears to have been won by Daimler AG’s Mercedes-Benz, which sold 2.34 million passenger cars in 2019, a 1.3% increased, edging out perennial competitor BMW. Daimler laid claim to the title gain with its ninth consecutive...