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Mercedes Recalls 116,000 SUVs Over Fire Risk
Mercedes-Benz has issued a recall for more than 116,00 SUVs to fix a loose electrical connection that could trigger a…
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Dodge, Charger Recall 285,000 Cars Over Airbag Shrapnel
Chrysler and Dodge are recalling nearly 285,000 cars because their side curtain airbag inflators can explode, sending metal shrapnel into…
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Fed Holds Rates; Car Loan Rates Likely to Stay High
The Federal Reserve left rates unchanged at its March meeting yesterday. That means interest rates on car loans will likely…
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EPA Announces Tighter Tailpipe Emissions Rules
The Environmental Protection Agency today announced a set of tailpipe emissions regulations that are simultaneously the toughest in U.S. history…
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Study: Tesla Model Y Is Earth’s Most-Produced Car
The Ford F-Series pickup has been America’s best-selling vehicle for over four decades. But America isn’t the world. A new…
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Wholesale Used Car Prices Fall; Retail Price Cuts Ahead
Car dealers are paying almost 15% less for used cars at auction than they did a year ago. Used car…
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Car Dealers Still Overstocked, but Selling Down the Backlog
Car prices are governed by supply and demand. Many dealerships entered 2024 drastically oversupplied. That’s still true, but February sales…
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Government Likely To Ease EV Transition Rules
It’s going to be a busy week for automakers and the government agencies that regulate them. We’re expecting two major…
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New Car Affordability Hits 31-Month High
It’s easier to afford a new car today than at any point since August of 2021. Getting a new car…
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Average Used Car Price Falling Slowly
The average used car in America was listed for $25,151 in February – about $175 lower than in January, according…