Gas prices plunge to new low, expected to keep dropping in 2023: AAA
The national average cost for a gallon of gas fell to $3.26, 52 cents less than a month ago and six cents less than a year ago, according to AAA.
Subaru issues recall of 271,000 SUVs because of 'increased risk' of fire
The National Highway Traffic Safety Administration said on Tuesday that Subaru issued a voluntary recall of over 271,000 Ascent sport utility vehicles.
IL plant to lay off 1,350 workers due to high EV costs
Fox Business host Jackie DeAngelis discusses the layoffs due to the push for electric vehicles on ‘Fox Business Tonight.'
Electric Ford F-150 Lightning production increased with third shift
Ford has added a third shift to its F-150 Lightning production line in an effort to increase output of the electric pickup. It hopes to reach a rate of 150,000 in 2023.
Most small SUVs rated 'poor' in insurance crash testing
The Insurance Institute for Highway Safety announced in a Monday report that new frontal crash testing found just two out of 15 small SUVs earned a "good" rating.
Ram recalling 1.23 million pickups for tailgate trouble
Ram is recalling 1.23 million pickups in the U.S. that may have a defect which could prevent their tailgates from closing completely and allow them to open unexpectedly.
Dept of Energy giving $2.5B loan to GM, LG Energy Solution joint venture for EV battery cell facilities
The Energy Department announced a $2.5 billion loan going to a General Motors-LG Energy Solution joint venture focused on making EV battery cells had closed.
US auto fleet fuel efficiency flat in 2021 as Detroit Three lag
Automakers are meeting rising vehicle emissions requirements in part through using credits earned in prior years or by buying excess credits from rivals.
Automaker Stellantis lays off hundreds of American workers, blaming high cost of making electric cars
Stellantis announced its decision to idle operations at an assembly plant in Belvedere, Illinois, next February, resulting in "indefinite layoffs" for workers.
Hyundai partners to build $4B plant in Georgia
Hyundai Motor Group is joining forces with a South Korean battery maker to build a $4 billion factory in Georgia to manufacture electric vehicle batteries.
Jeep issues recall and stop-sale order on 63K hybrid Wrangler SUVs for power loss
Nearly 63,000 Jeep Wrangler 4xe plug-in hybrid SUVs are being recalled due to a software issue that could lead to a loss of power while the vehicle is in motion.
Carvana creditors criticize management, gird for a fight
Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.
Tesla begins selling cars in Thailand, a growing electric vehicle hotspot
Southeast Asia boasts a population of over 600 million, providing a significantly untapped market for carmakers to sell electric vehicles as nations seek green alternatives
Ohio workers at a General Motors joint venture battery factory vote to unionize
Workers at a General Motors joint venture battery factory voted to unionize with the United Auto Workers by an overwhelming vote of 710 to 16.
Spending on auto insurance is up: Here's how drivers are saving money
Americans spent an average of $1,705 on auto insurance in 2022, up 4% from 2021 and 17% from 2020, a recent Insurify study said.
Steady gas price decline threatened by rising oil prices: AAA
The national average cost for a gallon of gas fell to $3.40 last week, 14 cents less than the week before and 26 cents less than two weeks ago, according to AAA.
Car insurance rates set to jump 7% in 2023
A new study from Insurify predicts that car insurance rates will increase 7% on average in 2023 after a 9% increase this year driven by inflation and increased repair and medical costs.
Ford CEO reveals how many dealers actually want to sell electric vehicles
Approximately two-thirds of Ford's dealers have signed up to sign the brand's electric vehicles as part of a new plan that requires certification to carry EVs.
Hertz to pay $168 million over theft, arrest problems
Hertz is slated to pay a total of $168 million as part of settlement agreements in connection to allegations that it falsely reported customers of vehicle theft.
GM's billion-dollar BrightDrop electric van enters production and DHL fleet
GM's BrightDrop electric van division has started large-scale vehicle production in Canada and aims to generation one billion in revenue in 2023.



















