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used vehicle Manheim

Wholesale used vehicle prices dropped 3% in September — Manheim

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Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed a steep decline year-over-year for the month of September. Wholesale used-vehicle prices decreased...
EVs

Why some automakers are taking a slow approach to EVs

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Electric vehicle sales are continuing to grow around the world. Therefore, one would think that all automakers would be jumping into this arena and...
Tesla semi truck

Pepsi first in line for Tesla semi truck deliveries starting in...

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Five years after the unveiling of the Tesla semi truck prototype, the company says it's finally ready to deliver the first batch to Pepsico...
Polestar 6

Polestar reports strong EV deliveries in Q3, confirms full year outlook

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Electric vehicle newcomer Polestar has released its global volumes report for the third quarter, saying it delivered approximately 9,215 vehicles during Q3. That brings...
car buyers loan

More car buyers are signing up to pay $1,000+ a month...

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Research shows that many car buyers are taking home monthly loan payments of $1,000 or more. According to Edmunds, 14.3% of buyers who financed a...
unemployment jobs

US economy added 263,000 jobs in September, unemployment falls to 3.5%

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The Labor Department released new unemployment numbers for the month of September, showing that job growth fell short of expectations despite hopes that a...
Toyota Crown

2023 Toyota Crown plug-in hybrid variant will be sold in the...

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American buyers interested in getting their hands on one of Toyota's upcoming Crown PHEVs will be happy to hear that the hybrid is coming...
Ford F-150 Lightning, franchise

Ford hikes F-150 Lightning base price for the second time

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Ford Motor Company has raised the entry-level price of the F-150 Lightning by another $5,000, the second price increase for the vehicle in the...

Toyota restarts bZ4X EV production and sales after safety recall

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After three months of delays, Toyota says it will restart production on its first electric vehicle, the bZ4X, on Thursday after fixing potential safety...
Biden OPEC

OPEC slashes oil output, Biden ‘disappointed by shortsighted decision’

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At its first face-to-face meeting since 2020, OPEC and non-OPEC allies agreed to impose deep cuts to oil output in the hopes that plummeting...