In Mexico, there’s a 1 in 3 chance that the gasoline being pumped into cars has been stolen, smuggled or adulterated. The scale of this black market economy, known locally as “huachicoleo,” is massive ...

Tijuana, Mexico — After a month away, Catherine Vermillion came home to her San Diego apartment and an empty parking space. "I looked up and realized my car was gone," Vermillion told CBS News. "I ...

A new car would cost about $5,790 more if President Donald Trump's plans for 25% tariffs on Mexico and Canada go into effect, according to an estimate from Benchmark. Benchmark found that more than 22 ...

Mexico is weighing a steep new tariff that could reshape its car market for years to come, proposing a 50 percent duty on vehicles imported from nations without free trade agreements. Importantly, ...

Mexico plans to impose as much as 50% tariff on cars from China, significantly raising it from the current rate of 20%, in what the government describes as a move to protect domestic industry and jobs ...