How the Fed's rate cut will impact auto loans
It will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, analysts found.
Here's how much Americans expect to pay for a used car, and how much it will actually cost
Buying a car is a big financial commitment and a recent survey finds that consumers in the market for a new vehicle are only willing to purchase one under these circumstances.
Texas vehicle inspection changes coming soon
Inspection stickers will soon be a thing of the past for most Texans starting Jan. 1, 2025. That's when House Bill 3297 will go into effect.
Ford recalls over 90K vehicles in response to risk of engine intake valve breaking
There is a recall of roughly 90,700 Ford and Lincoln vehicles that the report says, "may contain intake valves that have a propensity to crack and break."
Toyota recalls over 43,000 vehicles for faulty tow hitch cover
The National Highway Traffic Safety Administration (NHTSA) reported that the tow hitch cover, which is attached to the rear bumper, may detach and become a road hazard.
Car insurance premiums could skyrocket 50% in some states this year
Car insurance rates are surging — and could spike over 50% in these U.S. states.
North Texas man who shot at robbers trying to steal Maserati: 'When you have to defend yourself, you do it'
The violent incident from 2022 highlights what had been a growing problem with stolen vehicles in the city of Dallas. The number of vehicle thefts in Dallas is going down, but that’s only after a year of staggering numbers with more than 18,000 reported thefts.
How can you find out if your car is spying on you for your insurance company?
The habits of drivers can be monitored and shared with their auto insurance providers, which may impact their premiums. Here’s what you need to know.
Massive North Texas luxury car theft ring busted by Grapevine police
Investigators uncovered a violent conspiracy to steal and sell luxury vehicles all over the metroplex and even in Mexico. Police believe the 7 men are responsible for more than 200 auto thefts.
Corvette ZR1: This new sports car has over 1,000 horsepower — learn how
Chevrolet's 2025 Corvette ZR1 roars with 1,064 horsepower from its twin-turbo V8. Capable of over 215 mph, it's the mightiest factory Corvette ever.
BMW recalls over 291,000 SUVs over increased injury risk
The recall covers certain X3 SUVs from the 2018 through 2023 model years.
Americans are falling behind on their car payments, data shows
Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.
Are consumers skipping car dealers and buying private?
With high prices and low supply, consumers are weighing private car purchases versus dealerships, with industry experts noting private buying's potential cost savings but increased effort and risks driving many back to dealerships for trust and convenience.
Ford recalls more than 30K Mustangs due to steering issue
Ford dealers will perform a software update on the recalled Mustangs for free.
Electric vehicles spend more time in repair shops than gas-powered cars, J.D. Power finds
An electric vehicles technological features can be appealing, but the upkeep required to maintain the cars can be a hassle for some owners, a recent report shows.
CDK cyberattack still affecting car dealerships across the country
Car dealerships across the country have reverted to pens and paper amid a massive cyberattack on its software provider, CDK.
Nearly half of American EV owners want to switch back to gas-powered vehicle, McKinsey data shows
New findings from consulting firm McKinsey & Co. show a significant share of Americans who own electric vehicles have buyer's remorse. Nearly half want to switch back to gas.
Tesla recalls thousands of Cybertrucks over windshield wiper, trunk bed trim issues
Tesla issued two recalls for Cybertrucks due to potential issues with trunk bed trims and front windshield wipers, affecting nearly 11,400 and 11,700 vehicles, respectively.
Ford recalls 668K F-150 pickup trucks over unexpected downshift issue
Ford announced that it's issuing a recall for the 2014 model year F-150 pickup trucks because they can unexpectedly downshift into the first gear and cause the driver to lose control or the rear wheels to lock up.
Ford announces new Bronco off-road driving school in Tennessee
Ford Motor Co. announced this week that it will open a new off-road driving adventure school in Tennessee.