Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?

The 2026 North American Car, Truck and Utility Vehicles of the Year were revealed at the Detroit Auto Show on Wednesday, Jan.

The American auto industry is coming off one of its most tumultuous years. From new tariffs aimed at promoting American manufacturing to the end of federal electric vehicle subsidies and the ...

New car sticker prices have surged into territory that would have sounded absurd just a few years ago, with average deals now ...

In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever recorded.

New car purchasers could see a tax break in the new year if they’re willing to buy American-made. The Department of the Treasury and the Internal Revenue Service (IRS) released guidance Wednesday on ...

The North American Car, Truck and Utility Vehicle of the Year winners were announced at the 2026 Detroit Auto Show ahead of its public opening.

WASHINGTON — The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan interest if you buy an American-made vehicle. This means if you’re ...