The Latest Breaking News from Ivan Drury

Car buyers are paying putting down more and paying more interest, car research platform Edmunds found.

Selling low volumes of vehicles may be a counterintuitive approach for brands that have struggled to make their mark in North America, but that's the plan to elevate Stellantis NV's Italian brands here, according to their executives.

The Federal Reserve’s move to raise its key rate by a half-point brought it to its highest range in 14 years

The Federal Reserve issued its latest interest rate hike in early November

SAN DIEGO — Economic headwinds combined with lingering supply chain constraints have resulted in a sales dip of 16.1 percent in new car and trucks sales in California through the first three quarters of this year compared to the same period in 2021.

Mechanics' bills are rising faster than inflation, and people are holding on to their vehicles for longer than ever. That means even those staying out of the car market are feeling inflation's pinch.

The Detroit Three automakers are pushing toward an electrified future, but they’re not yet putting their gas and diesel-powered heavy-duty trucks on the back burner.

GMC just revealed the 2023 Sierra 1500 AT4X AEV Edition — an extreme off-road version of its venerable pickup designed to cross deserts and mountain ranges alongside the Ram TRX and Ford Raptor. It flaunts skid plates, off-road tires and all the luxury trimmings, but biggest influence may be on…

A growing number of Americans are coming around to the idea of driving electric vehicles, with 71% expressing at least some degree of interest in buying or leasing EVs, according to a national survey released Thursday by Consumer Reports.

The average cost of a new car is also at the highest on record, topping $47,000 a pop. At this rate, an essential household purchase is starting to feel like a luxury in America.

Two years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up