Return of the Base Trim: Automakers Look to Lower Prices
Looking to lower prices, several automakers plan to reintroduce inexpensive base trim levels of many models.
Looking to lower prices, several automakers plan to reintroduce inexpensive base trim levels of many models.
Everyone agrees that 25% tariffs on trade from Canada will hurt the auto industry. Experts dispute how badly.
Ford has recalled Ford Explorer and Lincoln Aviator SUVs that may be missing critical transmission support bolts.
The average American drives about 50 miles a day. The average Ford Mustang Mach-E owner drives 66, the company says.
GM said this week that its EVs now sell for more money than they cost to build, an industry milestone.
Toyota and its Lexus luxury division have recalled 858 vehicles because their fuel pumps can fail, leading to engine stall.
President Trump has threatened tariffs that could cause new and used car prices to rise as soon as tomorrow.
The recalled models are all Badlands or Sasquatch trim Broncos.
Honda and Acura have issued a recall for 294,612 vehicles because a software error can cause their engines to stall during normal operation.
On a quarterly earnings call yesterday, Tesla executives hinted at unidentified less expensive models coming soon.