Michael Taylor

1 week ago | forbes.com | Michael Taylor

European and Asian automakers have dominated the 2025 World Car of the Year awards, announced at the New York International Auto Show today, starting with Hyundai and Kia. Kia’s electric EV3 took out the overall World Car of the Year award and no American brands featured in any of the six awards, making White House’s demands for Europe and Asia to buy more American autos look hollow.

1 week ago | forbes.com | Michael Taylor

South Carolina officials have leapt to the defense of German premium automaker BMW after White House claims that its South Carolina factory was a “scam" that was “bad” for the US economy”. While White House trade advisor Peter Navarro went on CNBC to criticize BMW and other international automakers with North American operations, BMW fired back from its position as the leading exporter of cars from the US by value.

1 week ago | forbes.com | Michael Taylor

Once mistrusting foes, China and the European Union are exploring swapping the EU’s tariffs in favor minimum retail prices on Chinese cars as the knock-on effects of the US trade war continue. Implemented only last year, the EU’s tariffs could be on the way out already after EU Trade Commissioner Maros Sefcovic spoke with China’s Commerce Minister Wang Wentao this week.

1 week ago | flipboard.com | Michael Taylor

The NCAA Tournament ended this week, but basketball junkies can get a look at a bevy of potential college stars this weekend in the …

1 week ago | flipboard.com | Michael Taylor

1 hour ago Its tariff on US goods is now set at 125 percent, and won’t go higher. China has once again raised its tariff on US goods to match Trump’s, for what it says is the final time. China’s tariff is now set at 125 percent, as it warns that the US is on track to become an economic “joke.” In a statement …