General
Average Age of Cars on Road Hits New High
How old is your car? We’re surrounded by ads for up-to-the-minute cars with zippy electric drivetrains and screens that double…
General Articles
General
Subprime Car Loan Defaults Rising
In March, 8.5% of subprime borrowers defaulted on their car loans, according to Equifax. That’s the second-highest total on record.…
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Mercedes to Pare Cheaper Models, Introduce High-End Mythos Series
Mercedes is recalibrating its strategy, aiming to increase its presence in the higher-priced super-luxury market and trim some of its…
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Used Car Prices Increasing Again
The dip in used car prices has come to an end. The average used car in America sold for $28,365…
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Car Dealers Short on Imports, Fuel-Efficient Models
With gas prices breaking records daily, Americans are shopping for more fuel-efficient cars. They’re in short supply. Auto dealers measure…
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AAA: Driver Assist Systems Don’t Work Well
“Spotty performance isn’t the exception – it’s the norm.” That’s how Skyler McKinley, director of public affairs for AAA of…
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Gas Now Over $4 Gallon in Every State
The average price of a gallon of regular gas is over $4 in every state today, according to AAA. Kansas…
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Carvana’s License to Sell Suspended in Illinois
Used car giant Carvana has lost its license to sell cars in Illinois, at least temporarily. Illinois is the latest…
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New Cars Grew Less Affordable in April
American incomes increased slightly in April, but everything else worked against new car shoppers. New cars grew less affordable last…
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1 in 4 Shoppers Considers a Hybrid or Electric Car
One in four new car shoppers in the first quarter of 2022 considered buying a hybrid or an electric car,…