One in Five Families Fell Behind on a Loan Last Year. The Poorest Are Giving Up Their Cars.
The Fed's new survey shows car ownership among the poorest families at a 20-year low, while lenders chase weaker credit…
Car Market
New Cars Now Average $50,562, a Measly $52 Short of the All-Time Record. Here’s What That Number Isn’t Telling You
The average new car price hit $50,562 in September, $52 below the record. Here is what Kelley Blue Book’s number…
New York City Says CarGurus Rated a Honda $2,212 Under Market. With Fees, It Was $1,473 Over.
New York City says a CarGurus “Great Deal” Honda cost $1,473 over market once dealer fees were added. Here is…
The Average New-Car Payment Is Now $787, and a Quarter of Buyers Are Signing Up for 84 Months of It
The average monthly payment on a financed new car has reached $787. That’s not a...
AAA Ran EVs, Hybrids and Gas Cars Through the Same Math. Hybrids Won Every Class.
AAA's 2026 Your Driving Costs study found hybrids cheapest to own in all four classes it compared. EVs saved $1,500…
BMW’s EVs Are Up 37.5% in Europe and Down About 35% Everywhere Else. Neue Klasse Hasn’t Left Europe Yet
BMW Group delivered 81,941 electric vehicles in Europe in the third quarter, up 37.5%. Outside Europe, its battery-electric deliveries fell…
Empty Lots, Tight Credit and Five-Hour Deals Drag Down Car Buyer Satisfaction
New-car shoppers spent September learning an old lesson: the price on the window is only...
Ford’s EV Sales Keep Sliding, Mach-E Inventory Piles Up, and Hybrids Fill the Gap
Ford’s third-quarter sales release covers a lot of ground. It talks up retail share, Super...
EPA Built Its Smog Rule Around EVs That Aren’t Coming. Now It Wants Two More Years for Gas Cars
The EPA's 2024 tailpipe rule counted on electric cars to carry its smog and soot limits. With EV forecasts cut…
Diesel Just Hit a Record $6.53. Before You Panic-Buy an EV, Read the Window Sticker.
Diesel hit a record $6.53 a gallon, but the lasting case for an EV is price. The EV premium fell…
Car Loan Rates Look Cheap Right Now. The Bond Market Says That Won’t Last.
Treasury yields passed 5% and the Fed hiked in September, but published car loan rates still reflect cheaper money. Here’s…
Car Payments Just Hit a September Record of $821. Prices Barely Moved. Here’s Where the Money Went.
J.D. Power says the average new-car payment hit a September-record $821. Prices rose just 0.7% and rates fell, so the…
Drones Hit a Saudi Crude Pipeline. The Bill Is Landing in America’s Diesel Tanks.
The Sept. 10 strike on Saudi Arabia's Hormuz bypass hit crude, but the lasting damage is to diesel, the fuel…
Detroit’s Share of U.S. Car Sales Is Headed for a Record Low. Here’s What 36% Really Means.
Cox Automotive forecasts GM, Ford and Stellantis at just over 36% of third-quarter U.S. sales, the lowest on record. The…