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Hero Images | Getty Images It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model — the Mitsubishi Mirage — had an average new-vehicle transaction price below $20,000, according to Kelley Blue Book data. By comparison, there were a dozen vehicles that met that pricing

Associated Press Aug 27, 2023, 10:15 AM ET DAYTONA BEACH, Fla. — NASCAR driver Ryan Preece is “awake, alert and mobile” after his car rolled about a dozen times during a terrifying crash at Daytona International Speedway. Stewart-Haas Racing said Sunday morning that Preece “has been communicating with family and friends.” He was hospitalized overnight.

Unifor members at the Detroit 3 automakers followed the lead of the UAW and delivered overwhelming strike mandates, authorizing job action, if the union and the companies can’t agree on a new collective bargaining agreement. Unifor’s current contracts with Ford Motor Co., General Motors and Chrysler parent Stellantis expire at 11:59 p.m. EDT on Sept.

Didi launched a free robotaxi service in parts of Shanghai in 2020. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car company Xpeng said Monday it is buying Didi’s smart electric car development business in an exchange of shares worth $744 million. The Chinese ride-hailing company will become a strategic shareholder

Associated Press Aug 27, 2023, 06:37 PM ET MADISON, Ill. — IndyCar ironman Scott Dixon capitalized on needing to make only three pit stops and kept his championship hopes alive in winning Sunday’s Bommarito 500. The victory was the 55th of Dixon’s career and it came in his record-extending 320th consecutive start. He set the

The ordinary orange construction cone has become a symbol of resistance in an insurgency against self-driving vehicles. Members of a group called Safe Street Rebel started placing construction cones atop the hoods of robotaxis last month in San Francisco. The action renders the cars unable to continue driving until a human removes the cones or

In this article VOW3-DE Follow your favorite stocksCREATE FREE ACCOUNT The Volkswagen Type 2 bus, known for its split windows, rear engine and distinctive colors, is making a comeback. In 2024, Volkswagen will deliver its electric ID Buzz line to North America. Volkswagen Type 2 bus lined up next to the ID. Buzz CNBC |

DETROIT — Hybrid gasoline-electric vehicles may not be dying as fast as some predicted in the auto sector’s rush to develop all-electric models. Ford Motor Co. is the latest of several top automakers, including Toyota Motor Corp. and Chrysler parent Stellantis, planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over

Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC From writers’ rooms to car factories, workers are pressing companies for higher pay and better quality of life. Many are willing to walk off the job to get there,

Paige Hodder has joined Automotive News as a reporter covering auto retail, with a focus on finance and insurance.  Hodder, 22, covered general automotive industry topics as an intern for Automotive News. Before that, she interned as a general assignment reporter for the Mackinac Island Town Crier in Michigan.  Hodder is an alumna of the

I Love Images | Cultura | Getty Images Rising interest rates are pushing auto loan rates upwards for both new and used cars across the U.S.  The average annual percentage rate for new cars rose 7.1%, in the second quarter of the year, according to car website Edmunds, while that for used cars ticked up

Troy Duhon and his bustling Premier Automotive Group, along with partners, acquired three new dealerships and expanded into a new state in second- and third-quarter transactions, Premier Automotive CMO Gia Katzenmeyer confirmed to Automotive News. Duhon, with partners Vincent Castro and Jorge Clue, on June 5 purchased the former Hyundai of Moreno Valley, east of

In this article STLA STLAM-IT F GM Follow your favorite stocksCREATE FREE ACCOUNT Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – United Auto Workers members overwhelmingly granted union leaders authorization

Associated Press Aug 25, 2023, 08:10 PM ET MADISON, Ill. — Alex Palou confirmed Friday he’s being sued by McLaren — the second team to sue him in a year — but the IndyCar points leader is focused on his bid to win a second championship in three years. The Spaniard confirmed an Indianapolis Star

Nissan North America is suing a terminated Gallup, N.M., dealership for its continued unauthorized use of the manufacturer’s trademarks, service marks and signage. The trademark infringement, breach of contract and unfair trade practices suit alleges Ed Corley Nissan refused to provide access to the premises to remove signs, and the ex-dealership “purchased used Nissan vehicles

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A multi-year investigation into the safety of Tesla’s driver assistance systems by the National Highway Traffic Safety Administration, or NHTSA, is drawing near a close. Reuters’ David Shepardson first reported on the latest developments Thursday, citing NHTSA acting administrator Ann Carlson. CNBC confirmed the report

The Chrysler 300 was considered the businessman’s muscle car when it arrived in 1955 with a blend of style and rear-wheel-drive performance flowing from the early Hemi V-8 engine. Chrysler went back to that formula nearly 50 years later with a reimagined descendant that became a pop culture icon and rejuvenated the company’s image. The

Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company’s “next billion-dollar business.” Alex Wong | Getty Images News | Getty Images BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive — as Chinese demand for