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The Latest Breaking News from Cox

EXCLUSIVE: Michelle Krebs Of Cox Automotive Says 'If An Economic Recession Hits The US, Vehicle Sales Are Not Going To Be Affected Much'

The average price of a new automobile sold in America in June was $48,043, according to Kelly Blue Book, a Cox Automotive company. This is the highest average price ever and the first time it has been above the $48,000 mark.

Benzinga

Auto sales could hit below pandemic 2020 levels amid low inventory challenges

Low inventory levels led Cox Automotive analysts to again revise their full-year U.S. 2022 new-vehicle sales forecast downward.

Tribune News Service

Ford reports 4.5% year-over-year sales decline in May amid industrywide drop

Amid a broader industry drop in auto sales for the month of May, Ford Motor Co. on Thursday reported that it sold 154,461 vehicles in the U.S. last month — down 4.5% from May 2021.

Tribune News Service

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Looking for free broadband in Southern California? Here's how to find it

Lower-income Americans now have more options for free high-speed internet access, including at least eight providers that serve Southern California, the White House announced Monday.

Los Angeles Times

Toyota poised for sales victory lap as gas prices boost hybrids

When Ian Campbell’s wife got rear-ended in her Honda HR-V last month, the Atlanta couple were thrust back into the new-car market — just as gasoline prices surged to more than $4 a gallon.

Tribune News Service

Tesla Beats BMW In 2021 US Luxury Car Sales: Report

Elon Musk continues to insist that Tesla's competition isn't other EVs, but rather, gas-powered cars. Tesla is achieving its mission by outselling top rivals.

InsideEVs

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