New import tariffs imposed by the US Trump administration are due today.
They include 25% tariffs on goods from Mexico and Canada that would include automotive components and vehicles while goods imported from China would attract a 10% tariff and experts say it could cut US car sales by a million units over 12 months.
Motorists are being urged to “love your tyres”as St Valentine’s day approaches.
The RAC did a poll withTyreSafe and warned that neglecting regular tyre checks significantly increases the risk of incidents and fines, in addition to causing untold unnecessary disruptions on UK roads.
A ban on TikTok could seriously impact car sales.
According to the initial findings of a study from private plate suppliers Regtransfers, TikTok led engagement metrics for the motoring industry in 2024, showing a 70.74% increase in follower counts over the course of the year, and a 102% increase in likes across the 35 analysed brands.
At the top of the ranking in failed businesses over two years is the transportation and storage industry, with a 16.51% decline rate since 2022.
This means the industry has experienced a total loss of 22,785 businesses and 89,105 business deaths and business deaths in the transportation and storage industry account for 10.23% of all business deaths in the UK.