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The Latest Breaking News from Ivan Drury

Last remaining new car below $20,000 in U.S. to disappear by end of summer

The average new car price in the U.S. is more than $48,000

The Independent UK

Slate Truck: What The End Of Tax Credits Means For The $20,000 EV

The Slate truck won't cost under $20,000 anymore. Here's why things are about to get harder for the EV startup.

InsideEVs

Trump's 'shotgun approach' to auto tariffs will have significant ripple effects—even if you're not buying a car: 'Virtually nothing goes unscathed'

You may want to buy that car you’ve been eyeing “in the next couple of days, even this weekend,” one expert said.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Nobody Is Winning The Electric Pickup Truck War. Yet.

It’s the auto industry’s weirdest market. There are six EV trucks on sale in the U.S., made by more brands than the blockbuster half-ton gas truck market. Yet no one is selling big-truck volumes. It is a more expensive version of what is typically an automaker’s most profitable vehicle. Yet…

InsideEVs

The New Tesla Model Y Is Here. Is It Enough?

The redesigned Tesla Model Y crossover that dropped earlier this month has got some heavy lifting to do.

InsideEVs

US new vehicle sales rose 2.7% last year as prices and interest rates dropped a little

New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable

The Independent UK

The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The Independent UK

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Trump’s promise to tax imported goods could spell trouble for US auto industry

Automakers face uncertainty as top-selling vehicles, such as the Ford F-150 truck, are sourced from around the globe

The Guardian - US

Trump Tariffs Would Hit US Car Buyers: 'Could Tank The Industry'

"I hope for the car buying public, nothing is as aggressive as advertised," one analyst said.

International Business Times

Musk's Cybertruck Said To Be One Of Most Unreliable Vehicles: 'Nobody's Buying It To Use As An Actual Truck'

While the Tesla vehicle has become a staple with celebrities, it six recalls have made it one of the most unreliable vehicles on the market, making it worse than 91 percent of all 2024 vehicles.

International Business Times

Car Expert Shocked By 'Worst Deal I've Seen In My Life': $0 Downpayment, $499 For 427 Months

Car expert Jayden Bloom warns against long-term, high-interest car loans after a woman's $0 downpayment deal resulted in $499 monthly payments stretched over 427 months, a scenario he called the "worst car deal" he'd ever seen.

International Business Times UK

Tesla Is Losing Its Grip On The EV Market. Can Rivals Step Up?

Tesla's declining sales mean GM, Ford, Hyundai-Kia and others can step up and fill in the sales void that Elon Musk's company is leaving.

InsideEVs

Tesla Delays The Affordable EV Dream

Tesla is reportedly canceling its long-promised cheaper car. What does that mean for EV shoppers on a budget?

InsideEVs

It’s The Best Time Ever To Buy An Electric Car. It’s Also The Most Confusing

Despite confusion around tax credits and shifting charging standards, now is a great time to buy an electric car.

InsideEVs

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The Independent UK

US automakers' sales rose sharply over the summer, despite high prices and interest rates

Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies

Motor1

More Manual Transmission Sales Indicates Shifting Trend In US Car Market

Sales of new manual-equipped cars increased to 1.7% of the total market this year, up from 0.9% in 2021.

The Independent UK

The auto workers strike will drive up car prices, but not right away -- unless consumers panic

If the United Auto Workers strike isn't settled soon, consumers will see higher prices for new cars — and not just the ones from Detroit

The Independent UK

What you should know as the Fed nears the peak of its rate-hiking cycle

The Federal Reserve’s likely decision Wednesday afternoon to leave interest rates alone for the first time in 11 meetings will raise hopes that it may be nearing the end of its rate-hiking campaign to cool inflation

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Tribune News Service

Casey Williams: Buick tosses a deuce and a quarter at its Electra future

In April, Buick introduced the Envista compact crossover coupe, which is as gorgeous as any recent Buick. On its nose is a new, stylized version of the tri-shield Buick logo and on its window is a starting price of $23,495. Its style predicts the future, but its gasoline engine will…

Los Angeles Times

What's happening to the color of LA cars? Inside the obsession with muted earth tones

LOS ANGELES — Flat. Muddy. Neutral. Desaturated.

The Independent UK

Edmunds: Car shopping trends and tips for 2023

Shopping for a new or used car over the last few years has become a frustrating and expensive undertaking

The Independent UK

Here's what the Fed interest rate hike means for you

The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive

Los Angeles Times

Buyer beware: All those cars damaged in California's floods could be coming to a dealer near you

LOS ANGELES — It's the smell that'll give it away.

Tribune News Service

Stellantis has plans to elevate its Italian brands in North America. Here's how

Selling low volumes of vehicles may be a counterintuitive approach for brands that have struggled to make their mark in North America, but that's the plan to elevate Stellantis NV's Italian brands here, according to their executives.

The Independent UK

How Fed's series of rate hikes could affect your finances

The Federal Reserve’s move to raise its key rate by a half-point brought it to its highest range in 14 years

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