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U.S. consumers may be getting ready to pay a little extra for their next car purchase as President Trump revs up threats of 25% tariffs on imported cars.

When Shan Junhua bought his white Tesla Model X, he knew it was a fast, beautiful car.

___ Police raid Deutsche Bank offices in money laundering case BERLIN (AP) — German authorities have raided Deutsche Bank's headquarters amid suspicions that its employees helped clients set up offshore companies that were used to launder hundreds of millions of euros.

"We are 100 percent deep in the process of 'We will need an electric car plant in North America,’” the CEO said.

General Motors Co. has assigned its president and de facto global strategist, Dan Ammann, to run its autonomous-vehicle business, underscoring GM's pivot to advanced technologies even as it faces political push back on its plan to close factories making more-conventional vehicles. 

President Donald Trump is calling attention to an auto industry boom that doesn't exist.

Fiat Chrysler Automobiles CEO Mike Manley says the Italian-American carmaker will build a fully electric version of the 500 city car and a compact Alfa Romeo SUV at plants in Italy.

The president threatened to impose tariffs on all auto imports this week.

A total of 13 new models or restylings of existing models will be launched in the 2019-2021 period and ensure that all plants in Italy reach full employment.

As buyers flock to SUVs and pickup trucks instead of sedans, automakers are revealing their latest offerings for the growing market at the Los Angeles Auto Show.

General Motors is moving to shut down as many as five North American factories in a major restructuring, but there are more than jobs riding on the fate of at least one of them: Ohio's Lordstown assembly plant.

President Donald Trump tested the limits of his presidential authority and political muscle as he threatened to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the U.S. Trump unloaded on Twitter on Tuesday, a day after GM announced it would shutter five plants and slash 14,000 jobs in North America.

The company is expected to lay off 15 percent of its North American salaried workforce.

The lowest prices were available in Texas.