Average age of US cars, trucks hits new record amid high prices for new vehicles
The average age of cars and light trucks on the road in America has increased by two months to 12.6 years, according to S&P Global Mobility data.
EV mandates are meant to 'jumpstart' the market: John Harris
Harbinger CEO John Harris details what makes 'effective' government mandates when it comes to the automotive industry and gas-powered transportation.
Monthly car payments decline despite rising auto insurance rates
Vehicle prices are dropping at a slow pace, but auto insurance rates continue to rise substantially.
Cars line up for gas roll back event in Pittsburgh
Cars lined up around the block at a Sunoco station in Pittsburgh, Pennsylvania for $2.38 per gallon gas during an Americans for Prosperity event highlighting how inflation has impacted gas prices. (Credit: Americans for Prosperity)
BMW imported thousands of vehicles with banned Chinese parts linked to forced labor, US Senate report says
BMW allegedly imported more than 8,000 vehicles into the U.S. containing electronic parts from a banned Chinese supplier, according to a Senate report.
Families may save money traveling by RV this summer
FOX Business' Jeff Flock test drives a state-of-the-art RV and reports on the industry's travel demand surge.
Prices at the pump dropped four cents this week due to low oil costs
Gas prices maintained their decline thanks to low oil prices and demand.
Car insurance rates surge again, keeping inflation elevated
The cost of auto insurance jumped 1.8% in April, bringing the total annual gain to 22.6%. The problem could soon get worse before it begins to improve.
Will Biden's EV push impact presidential election? Americans weigh in
A new survey of American drivers points to sharp divides between Republicans and Democrats regarding President Biden's electric vehicle policies and the 2024 election.
Many US consumers staying away from EVs due to lack of charging availability: report
Interest in electric vehicles among American car buyers has dwindled in part due to concerns about access to charging infrastructure, a new study by J.D. Power found.
Biden should ban Chinese EVs, not tax them: Diana Furchtgott-Roth
Heritage Foundation economist Diana Furchtgott-Roth argues Biden's tariffs on Chinese EVs are not enough to protect the domestic auto industry on 'Varney & Co.'
Nothing 'feels better' to the consumer, Brian Brenberg says
'The Big Money Show' co-host Brian Brenberg weighs in on the change in costs since January 2021 and on the release of the April CPI.
FBI warns of toll scams targeting drivers through text messages
The federal government is warning drivers to be wary of scam texts claiming that they have an unpaid toll bill that needs to be paid or they will get hit with a late fee.
Used car sales booming as holdout buyers return: Edmunds
A new report from Edmunds shows the used vehicle market is seeing a revival as cooling prices are luring in consumers who held out on making a purchase the past few years.
Al Root: Biden's latest move on China is ‘politics more than business’
Barron’s senior writer Al Root discusses several topics on ‘The Big Money Show’ including the Biden administration touting raised tariffs on Chinese imports.
High-tech cars drive up prices, turning auto repairs into major investments
Andrey Shumylo, owner of Shums Auto Repair in the Philadelphia suburbs, explained why car repairs have become increasingly expensive in recent years on FOX Business' "Varney & Co."
New vehicles are becoming more affordable as vehicle loan interest rates decline
New vehicle prices are dropping, but auto insurance rates are continuing to rise across the country.
Daniel Turner warns markets ‘can’t keep up’ with EV ‘pressures': 'An awful lot of chaos’
‘Power the Future’ founder and CEO Daniel Turner breaks down pressures on consumers and the auto industry due to the electric vehicle push.
Auto repair prices skyrocket thanks to new vehicle technology
FOX Business' Jeff Flock reports on the 33% rise in auto repair costs across the past four years.
Elon Musk's Tesla hiring back some on Supercharger team he fired weeks ago: report
Tesla is reportedly giving certain recently-axed Supercharger employees back their jobs, seemingly unwinding to some extent its significant downsizing of the unit.