Tag Archives: Auto

Trump Declares It Will Be a ‘Bloodbath’ for Auto Industry if He’s Not Elected

Trump Declares It Will Be a ‘Bloodbath’ for Auto Industry if He’s Not Elected

Donald Trump, who was impeached for inciting his supporters to storm the U.S. Capitol in an effort to overturn his 2020 electoral loss, warned on Saturday that there will be a “bloodbath” for the auto industry if he doesn’t win the election this November. In his first campaign appearance since officially becoming the presumptive Republican presidential nominee, the former president headlined a rally in Ohio to whip up support for Bernie Moreno ahead of Tuesday’s GOP Senate primary…. Source link

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Why auto insurance costs are rising at the fastest rate in 47 years

Why auto insurance costs are rising at the fastest rate in 47 years

As car prices moderate from a pandemic-era surge, insurance has pushed the cost of car ownership to the brink for many Americans. New data out this week showed auto insurance costs rose 20.6% from the prior year in February, matching January’s increase as the most since December 1976, when costs rose 22.4% over the prior year. On an annual basis, motor vehicle insurance costs rose 17.4% in 2023, the most since a 28.7% increase in 1976, according to data from the BLS. The sticker shock hitting… Source link

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