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U.S. Lowers Tariffs on UK Autos, Steel After Reaching Trade Deal – But Agreement Doesn’t Bring Manufacturing to the States

U.S. Lowers Tariffs on UK Autos, Steel After Reaching Trade Deal – But Agreement Doesn’t Bring Manufacturing to the States

Negotiators for the U.S. and UK reached what the two sides hailed as a “historic” trade deal Thursday, leading Pres. Donald Trump to slash tariffs on British steel, autos and auto parts. Final details still have to be worked out, according to several reports, but the deal puts a 100,000-vehicle cap on British auto exports to the U.S. which falls below the numbers reported in 2024 by the UK’s largest brands, Jaguar, Land Rover and Mini. The deal does not appear to meet a key Trump goal of shifting foreign manufacturing to the U.S. More from Headlight.News.

Genesis Planning Hypercar for 24 Hours of Le Mans – And Production Model Could Follow

Genesis Planning Hypercar for 24 Hours of Le Mans – And Production Model Could Follow

Genesis is heading to Le Mans. The luxury brand is developing a new hypercar to compete in that legendary 24-hour race and other events that are part of the World Endurance Championship. With the Korean manufacturer also set to introduce its new Magma performance line-up, this is raising questions about whether Genesis might also bring a production version to market.

Toyota Reportedly Ready for Return to F1 in Partnership with Haas

Toyota Reportedly Ready for Return to F1 in Partnership with Haas

Will it or won’t it? That’s the big question in the racing world this week as Toyota reportedly prepares to announce plans to reenter Formula 1 racing. It would mark a return after a failed effort ended 15 years ago. But Toyota is said to be partnering up this time, likely with the American F1 Haas team.

McLaren Reveals The New 2024 McLaren GTS

McLaren Reveals The New 2024 McLaren GTS

A stunning new sports car replaces the GT in the automaker’s lineup. With a new name and familiar looks, McLaren has introduced the GTS, a facelifted rendition of the mid-engine, rear-wheel-drive GT. Like the GT, the GTS delivers a more luxurious experience than the...