Experian: 62% of borrowers opted for used cars in Q2
Experian said second-quarter used-car loans saw record amounts financed, record monthly payments and record loan terms, but used-vehicle interest rates hardly budged from a year earlier......»»
Should you buy or lease an EV? We asked the experts
With cars quickly improving, it's becoming harder to decide whether you should buy or lease a car. We asked the experts to find out more......»»
Rivian CEO addresses lack of CarPlay support, relationship with Apple in new interview
While CarPlay is widely available on the majority of cars nowadays, Rivian is one of the primary holdouts (alongside Tesla and now GM). In a new interview this week on the Decoder podcast, Rivian founder and CEO RJ Scaringe explained the company’s.....»»
Rivian adds Apple Music, but won"t consider CarPlay
Rivian CEO says it's awesome having Apple Music in its cars, but the firm wants drivers to use its systems instead of switching in and out of CarPlay.Rivian R1TIt's been said that Apple should buy Rivian, and it's certainly been said that General Mot.....»»
Apple Card promo offers boosted 6% cash back at Exxon, Mobil, and EV charging stations
Apple recently launched a new Apple Card offer, allowing cardholders to earn some additional cash back while refueling or recharging their cars. This offer lasts until August 15th. more….....»»
Trump renews pledge to prod Chinese automakers to build cars in U.S.
Trump, addressing the Republican National Convention, signaled a potentially different approach from a Biden administration that has sought to keep out vehicles with links to the country......»»
Craig Boundy joins McAfee as President and CEO
McAfee announced the appointment of Craig Boundy as President and CEO, effective August 21, 2024. Boundy, a seasoned executive with over 25 years of leadership experience, joins McAfee from Experian where he served as the global Chief Operating Offic.....»»
Connected cars are supposed to generate lots of revenue. So far, they have not.
The automotive industry is still sorting out the details as it seeks to reap profits from the data generated and gathered through the car......»»
Fifth Third Bank settles CFPB forced auto loan insurance case for $5M
Fifth Third Bank has agreed to pay restitution to auto borrowers and a $5 million civil penalty to settle Consumer Financial Protection Bureau allegations it mishandled the "force-placed insurance" it applied to thousands of customer cars, the agency.....»»
NASCAR hatches an EV racer prototype. It"s a crossover
NASCAR has long been known for loud engines and muscular race cars. The racing series' electric concept is a pivot......»»
"Not the end of the world", says data scientist on the big issues
Humanity has made great strides in recent decades: air is cleaner; poverty, deforestation and childhood mortality have fallen; gasoline cars—and maybe coal—are on the way out......»»
Tesla gets German environmental authority approval for controversial site expansion
The expansion is part of a wider plan by CEO Elon Musk to double the plant’s capacity to 100 gigawatt hours of battery production and 1 million cars per year, setting it up to dominate Europe's EV market......»»
Nissan, Honda consider partnering on software, EV charging infrastructure, report says
Two of Japan's three biggest automakers are looking to jointly develop the operating system that controls cars in a bid to bring down costs, according to Nikkei......»»
Tesla posts disappointing production and sales numbers for Q2 2024
Sales fell by 5 percent, with production cut by more. Enlarge / For some time now, Tesla has produced more cars than it has sold. This past quarter, that changed. (credit: Toru Hanai/Bloomberg via Getty Images) Tesla pub.....»»
FTC defends tougher dealership regulations as NADA, Texas retailers appeal in U.S. court
The Federal Trade Commission on May 14 defended its new CARS Rule regulating car dealership advertising and finance and insurance practices......»»
VW says it will build $21,756 BEVs alone after Renault talks collapsed
VW said it will build battery-electric cars priced at €20,000 ($21,756) in Europe without a partner and would rely on a high degree of localization in the region to cut transport routes of components and reduce emissions......»»
6 Cars That Are Plummeting in Value
6 Cars That Are Plummeting in Value.....»»
BMW, Mercedes, Volvo turn to natural fibers to make cars more sustainable
Demand is so strong for products made using alternative materials that interiors giant Forvia has created a stand-alone company to address the need......»»
Lucid to cut 400 jobs in latest sign of stress for EV market
Lucid Group Inc. will eliminate about 400 jobs in the coming months, the latest move by an electric-vehicle maker to cut costs in a dramatically slowing market for plug-in cars......»»
Tornado leaves five dead in Iowa
A tornado that ripped through the midwestern US state of Iowa killed five people and left dozens injured, officials said, with homes smashed to pieces and cars thrown through the air......»»
Americans under 40 are interested in Chinese brand vehicles despite privacy concerns, survey shows
Americans under 40 say they would consider buying cars from Chinese automakers despite privacy concerns.....»»