A few decades ago, a car was considered a luxury only the rich could afford. But as the Automobile companies prospered and expanded their production and reach, the Cars became Read more
Tag: car
The brands and models car shoppers want most—despite inventory levels
Toyota dealers are low on cars. All the same, more American car shoppers consider a Toyota TM, +1.95% than any other brand. Fully 35% of American car shoppers looked closely Read more
5 ways to offset unexpected car repair costs
You went in for an oil change. You left with an itemized bill as long as your arm. Costly services are a reality for many car owners, especially for those Read more
Honda shares slump after car sales outlook cut
Honda Motor Co. 7267, -5.16% shares fell sharply Thursday morning after the Japanese auto maker posted disappointing second-quarter results and lowered its fiscal-year car sales forecast. The shares were recently Read more
Fewer people are leasing cars—what it means for the used car market
Before the COVID-19 pandemic, nearly a third of new car shoppers chose to lease their cars. Today, fewer than 19% of buyers choose the option — and experts say that Read more
Volvo Car to sell 33% stake in Aurobay to Geely Holding
Volvo Car AB will sell its 33% stake in Aurobay to Geely Automobile Holdings Ltd. as part of the Swedish company’s move to become a fully electric-vehicle company in the Read more
Dodge’s electric muscle car emerges, and it will still rumble
Dodge is going electric. America’s most gasoline-soaked automaker has spent 2022 preparing its faithful for the big shift as the Brotherhood of Muscle switches from V8s to volts. The Charger and Challenger are on Read more
The auto market was already reeling; now higher interest rates mean only the wealthy can afford a new car
The Fed is making new cars something only the wealthy can afford. The Fed has moved the rate by a total increase of 375 basis points this year — a Read more
Why the car market might be ‘the harbinger’ of when the Fed can pivot
The Federal Reserve still likely needs to tame the roaring car market before the central bank can start going easy on its inflation fight, according to Pat Ryan, CEO and Read more
How to negotiate with car dealers to get the car you want at the best price
Some people are born knowing how to negotiate with car dealers. Other car buyers dread haggling for the best price at the dealership. No matter which camp you’re in, buying a Read more