Ford sees growth in gas-powered vehicles amid EV shift
Ford's internal combustion engine business is set for growth in the coming years as new models are added alongside the automaker's electric vehicles.
Kia and Hyundai settle $200M class-action lawsuit over TikTok challenge thefts
Kia and Hyundai have settled a class-action lawsuit over a wave of vehicle thefts affecting approximately 9 million of their vehicles sold since 2011.
General Motors recalls nearly 670K small SUVs over car seat safety issue
General Motors is recalling nearly 670,000 SUVs in the US over issues with the rear-seat lower anchor bars in certain vehicles that may have too much powder coating.
Demand for used cars likely to grow as consumer seek affordability: Edmunds
Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.
Oscar Mayer Wienermobile gets its first name change in history
Oscar Mayer’s iconic hot dog-shaped Wienermobile vehicles will now be called Frankmobiles as the company tests a rebrand that reflects its new 100% Beef Franks.
Musk tells Tesla shareholders he's not stepping down as CEO: 'It ain't so'
Billionaire Elon Musk assured Tesla shareholders at an annual meeting in Texas on Tuesday that he would not be stepping down from his position as the company's chief executive.
Price drop: People are paying less than MSRP for new cars again
Incentive spending is up as new vehicle inventories improve, which helped drive the average transaction price paid for a new vehicle below MSRP in April.
Average age of US vehicles reaches record high as price of new vehicles soars
During the COVID-19 pandemic, the price of new vehicles soared causing fewer people to buy them. Now the average age of vehicles on the road in the U.S. has reached a record high.
Tesla owners sue claiming software update killed EV battery life
Tesla Model S and Model X owners are suing Elon Musk's electric car company over claims that automatic software updates killed their cars' battery life.
Fisker stock drops after 'garbage' report about failing SUVs
Fisker is pushing back on a report that its electric SUV has faulty software that limits the vehicle's speed and will require months of troubleshooting.
Lamborghini's record sales continue into 2023 thanks to SUVs
Lamborghini posted record sales for the first quarter of 2023 and announced that the Huracan sports car is sold out through its scheduled end of production in 2024.
Company offers cash for couch potato willing to binge-watch all 10 'Fast and the Furious' movies
Fans of the "Fast and the Furious" movie franchise can earn $1,000 from binge-watching the films and tracking all of the car accidents for the website FinanceBuzz.
BMW issues 'do not drive' warning for older models with recalled airbags that may explode
BMW has issued a "Do Not Drive" order for 90,000 of its 2000-2006 model vehicles due to defective Takata-made airbags that may explode during an accident.
Ferrari's $400K SUV is sold out until 2026
Ferrari's first-quarter profits were up 27% thanks in part to the new Purosangue SUV, its first four-door model, which is sold out until 2026.
There are only 3 new cars priced under $20,000 now
The average new car price was over $48,000 in March and just three new models are listed for under $20,000 as entry-level cars are cut from lineups.
California approves banning diesel truck sales by 2036
The California Air Resources Board passed rules on Friday to end the sales of trucks that run on diesel by 2036 as start of the state's push toward full zero-emissions tech by 2045.
Stellantis to offer tens of thousands of workers buyout offers
Tens of thousands of Stellantis workers in the US will soon receive buyout offers from the automaker. The company confirmed a total of 33,500 would get them.
GM, Hyundai investing $8B in new US battery plants
General Motors and Hyundai announced a combined $8 billion in new investments for battery plants in the U.S. in an effort to meet EV tax credit requirements.
Chevrolet giving $100,000 and an SUV to its 'Lead Dream Chaser'
Meag Schwartz has been named Chevrolet's "Lead Dream Chaser" and will get $100,000 and the use of a Chevrolet Trax for three months to pursue environmental efforts.
The Ford F-150 Lightning is invading Norway
Ford will begin exporting the F-150 Lightning electric pickup to Norway in 2024. Approximately 80% of new vehicle sales in the country are now electric vehicles.