Category: Global

As Used Car Prices Drop at Higher Rates, These Vehicle Types Have Retained Their Value

Brandon Woyshnis / Getty Images If you’re in the market for a used vehicle right now, there’s some good news. Using data from the Mannheim Used Vehicle Value Index, Cox Automotive recently reported

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Toyota plans electric sports car for 2023 Tokyo auto show

More and more evidence is piling up that Toyota is serious about launching an electric sports car. After teasing what looked like a modern MR2 powered by batteries with a concept car in

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Used car supply is still stuck at low levels

America’s car dealers started the month of October with about 2.26 million unsold cars on lots — 8% fewer than a year ago. At current sales rates, 2.26 million is about a 47-day

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Average Monthly Car Payments Hit All-Time High Of $736, As APRs Soar Over 7%

The last time financing rates for new and used vehicles were this bad, it was the third quarter of 2007, and we were on the verge of the Great Recession {{comments}} comments 19

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2 men arrested after stealing truck from southern Indiana car dealership

It was an elaborate scheme to steal a pickup truck from a local car dealership, but now, two men are in jail in southern Indiana for the crime.Started in 1980, Hills Auto Sales

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Teen who drove stolen car through Driver’s Village window hit 6 dealers in 2 weeks, prosecutors say

Cicero, N.Y. — A Syracuse teen who drove a stolen car through a window on the way out of Driver’s Village was capping a two-week crime spree of break-ins and car thefts, authorities

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UAW strikes Ford’s biggest factory, auto loan trends, Shift Technologies goes bankrupt

Earlier this week: Ford faced an unexpected UAW strike, sending ripples through its Detroit counterparts, GM and Stellantis. Meanwhile, auto loan accessibility witnessed its third consecutive month of improvement. Tesla, not to be

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Why are used cars still so expensive?

The latest consumer price index shows that the price of used cars and trucks dropped 2.5% last month. Compare the price to a year ago, and it’s even lower — 8% to be precise.

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Most Used Cars Are Getting Cheaper, Except For Trucks

Used cars are finally getting a little cheaper, according to Cox Automotive. After what seemed like an interminable series of price hikes across all vehicle segments, used prices are going down. The only

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