Monthly Car Loan Payments Swell, Even as Recession Looms

» Posted March 17, 2023 • Resources

Nearly 16% of people who financed car purchases last year signed on for monthly payments of $1,000 or more, auto researcher Edmunds says. That is a new record, up from 11% just a year earlier.

Feds Investigating GM Over Autonomous Cruise Program

» Posted March 15, 2023 • Resources

Tesla is not the only major auto manufacturer getting a look from federal investigators over technology designed to let cars do the driving.

Used Car Sales Drop, Gutting CarMax Profits

» Posted March 13, 2023 • Resources

If you have been in the market for a used car, waiting to pull the trigger appears to have paid off. Price tags on pre-owned vehicles are on the decline. Just ask CarMax.

Tesla Sells Record 1.3 Million Vehicles in 2022

» Posted March 10, 2023 • Resources

The luxury electric vehicle manufacturer hit a new sales record in 2022, CNN reports. That is despite issuing a slew of recalls and facing a federal probe over its controversial driver-assist technology.

GM Offers to Buy Back Some Malfunctioning Chevy Malibus

» Posted March 8, 2023 • Resources

General Motors is offering to buy back certain Chevy Malibus over a defect the automaker admits is difficult to fix. GM has recalled some 2,100 Malibu sedans, the company told federal regulators.

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Monthly Car Loan Payments Swell, Even as Recession Looms

Feds Investigating GM Over Autonomous Cruise Program

Used Car Sales Drop, Gutting CarMax Profits

Tesla Sells Record 1.3 Million Vehicles in 2022

GM Offers to Buy Back Some Malfunctioning Chevy Malibus

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