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.
Tesla raises US prices for Model S and X vehicles, reversing six consecutive price cuts
Tesla on Thursday raised the prices of its premium Model S and Model X electric vehicles following an earnings slump triggered by six consecutive price decreases since January.
US traffic deaths a 'national crisis,' despite dropping slightly in 2022, Buttigieg says
Transportation Secretary Pete Buttigieg says America is still grappling with a “national crisis" surrounding the number of traffic deaths.
Manchin grills Granholm on Biden electric vehicle push: 'Let the market go where it's going to go'
Democratic Sen. Joe Manchin grilled Energy Secretary Jennifer Granholm on Thursday during a hearing of the Senate Energy and Natural Resources Committee.
131,000 Ram pickup trucks recalled by Stellantis
A recall on certain Ram 1500 pickup trucks from 2021 has been issued by Stellantis' FCA US LLC, according to a notice on the NHTSA website.
Clean sweep: 6 GM electric vehicles qualify for full $7,500 federal tax credit
General Motors has qualified six electric vehicles for the full $7,500 federal EV purchase tax credit with batteries that meet local sourcing rules.
Dubai license plate sold for $15M could be world's most expensive car registration: 'Breaking world records'
A license plate was sold for $15 million during a charity auction in the United Arab Emirates. The auction house that sold the specialized license plate believes it's a record breaker.
Just 4 in 10 US adults say next vehicle may be electric, poll shows
Just four in 10 Americans report that they would at least be somewhat likely to buy an electric vehicle the next time they want to purchase a car, per a new poll.


















