Used car prices have been on a steady decline. But this comes with the cost of higher interest rates for auto loans, which is reducing demand for new and used vehicles, alike. If
Read MoreThe average price for a used car is now $34,227, but in some cities, the average price is more than $3,000 higher, according to a new report from iSeeCars.com. “Research and flexibility are
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COLUMBUS (WCMH) – Ohio Attorney General Dave Yost is suing a fourth Columbus used-car company dealership he said was rolling back odometers and selling them under false pretenses. The lawsuit is against Ohio
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Hyundai is making large EV investments in the U.S. with its $5.5 billion Metaplant, under construction near Savannah, Ga. Six battery-powered models will be built at the complex, which will have the capacity
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The United Auto Workers union is poised to go on strike against Ford, General Motors, and Stellantis—the traditional “Big Three”—later this week. The strike deadline is 11:59 p.m. ET on Thursday, September 14.
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WEST PALM BEACH, Fla. — A long-standing South Florida-based used car dealership, Off-Lease Only, has filed for bankruptcy in the past week, leaving many surprised and hundreds out of work. Customers and those
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Car shoppers are showing more interest in vehicles selling under $50,000, according to car site Edmunds. That reverses a recent trend that saw shoppers splurging on higher-end models with more features. But cars
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The wholesale prices car dealers pay at auction for the used cars they later sell rose slightly in August. That’s bad news for used car shoppers. Retail prices often follow wholesale prices, making
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LONDON — BMW will invest 600 million pounds ($750 million) at its U.K. plant in Oxford to take its Mini brand all-electric by 2030, a fresh boost for Britain’s car industry after years
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WEST PALM BEACH, Fla. — Off Lease Only, a used car dealership based in West Palm Beach, has closed all of its locations after filing for bankruptcy, putting 466 people out of work
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