Experts say car interest rates will stay high at least through 2023

Inflation has been impacting consumers for about a year and a half as the prices of food, rent, gas and so many other products went up. 

EPA awarding nearly $1 billion to schools for electric buses

Only about 1% of the nation’s 480,000 school buses were electric as of last year. Funding comes from the federal Clean School Bus Program, which includes $5 billion from the bipartisan infrastructure law.

Kia recalls SUVs again for risk of engine fire, owners urged to park outside

Kia Sportages from the 2008 and 2009 model years have been recalled for a second time due to fire risks. The auto company is telling car owners to park away from buildings and other cars until they determine the cause of the issue.

Rolls-Royce unveils its 1st fully electric car with $400K price tag: Spectre

The Rolls-Royce shared a first look at the Spectre, which has a two-door body style and a range of 260 miles per charge. The first customer cars are expected to be delivered in late 2023.

Tesla Q3 report reveals company more than doubled profit from a year ago

The Austin, Texas, electric vehicle and solar panel maker said it made $3.29 billion from July through September. Revenue rose 56% to a record $21.45 billion.

Hurricane Ian relief adds more pressure to already low rental car inventory in Tampa

Travelers who want to rent a vehicle at Tampa International Airport without a reservation are out of luck. Inventory for rental cars has been low since supply chain issues started last year; and adding Hurricane Ian to the mix has really impacted the amount of rentals available.

Elon Musk announces Pepsi will receive Tesla's first electric semi-trucks this December

Tesla founder Elon Musk announced PepsiCo will be the first recipient of his company's electric semi-trucks, which are set to finally start production after lengthy delays.

Tesla recalling 1.1 million vehicles to fix faulty window reversing system

Tesla is issuing a voluntary recall on nearly 1.1 million vehicles because the pinch protection feature on their power door windows may allow them to squeeze too hard before rolling the glass down.

Hyundais and Kias stolen nearly twice as often as other vehicles, national study finds

The new analysis found that the theft claim frequency was more than 80% higher for 2015-2019 model-year Kias and Hyundais combined than the average of all other brands.

Typical monthly payment for a new vehicle hits record $743

The new-car market has been hit by the semiconductor shortage and supply chain disruptions for over a year, resulting in lower production and higher prices.

Nissan recalls over 200K pickups due to risk of rolling away

Nissan is recalling more than 203,000 pickup trucks in the U.S. because they can roll away unexpectedly when shifted into park.

At least 12 new Ford Mustangs stolen from Flat Rock Assembly Plant

Police are searching for at least 12 suspects who stole a dozen Ford Mustangs from the Flat Rock Assembly Plant on Tuesday.

Jeep reveals 1st electric SUVs set to roll out in North America and Europe

The new electric SUVs are scheduled for release in 2024 and can be used for off-road travel. The company says it plans to become the leading zero-emission SUV brand in the world.