Cars News & Analysis
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Trump Increases EU Car Tariffs to 25% Amid Trade Tensions
President Trump announced a hike in tariffs on cars and trucks imported from the European Union to 25%. This decision marks a significant escalation in trade tensions, as the EU faces potential repercussions amidst accusations of non-compliance with trade agreements. The European Commission has stated that it seeks to protect EU interests and reaffirmed its adherence to commitments. Trump claimed this move encourages European carmakers to produce vehicles in the U.S. to avoid tariffs, noting significant investments in U.S. manufacturing.
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UK Seizes 160,000 Uninsured Cars in 2022 - Highest in 17 Years
In 2022, nearly 160,000 uninsured cars were seized on UK roads, the highest number in 17 years. The Motor Insurers' Bureau (MIB) attributes the rise, nearly 20% since 2017, to the cost of insurance. With an estimated 300,000 cars driven uninsured daily, the economic impact is around £1 billion annually. Hot spots for uninsured drivers include several Birmingham postcodes, indicating localized enforcement challenges. Effective campaigns and operations are being conducted to increase awareness and curb this trend.
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