Alliance for Automotive Innovation officials are urging Congress to permanently ban Chinese vehicles and components before the legislative session ends. +
In a move likely to draw the ire of President Trump, inflation concerns compelled the Federal Reserve to hold its target rate at 3.75% to 4% following September’s quarter-point hike — and two members voted to raise it again. +
Edmunds reports new vehicle financing set five new records, including an average amount financed of $44,664 and a $787 monthly payment. +
Radar is now available to iPhone and Android users, offering scanning and alerts for violations of federal rules against deceptive pricing tactics. +
Relaxed CAFE targets could make new vehicles more affordable as President Trump entertains Xi Jinping — and the prospect of Chinese factories on American soil. +
All 12 governors of the Federal Reserve’s Open Market Committee voted to raise their target lending rate by one-quarter of a point to temper inflation. +
The Federal Trade Commission has published new price advertising guidance for auto dealers amid a barrage of warning letters and enforcement actions. +
President Trump remains opposed to any limits on AI development as a plea for regulation from Anthropic’s Dario Amodei sets off a firestorm. +
Autoblog’s Jacob Oliva says Prestige Imports’ lawsuit makes the Sweden-based, China-owned EV manufacturer’s exit from the U.S. market “a lot messier.” +
FTC Chairman Andrew Ferguson says the agency will no longer pursue discrimination claims based on the “pernicious” theory denounced by President Trump. +
