Cars

Budget Battles

  • How Automakers Are Propping Up Used Car Prices

    By Nick Carey, Reuters

    Two lanes apart at a noisy, fast-paced auto auction near Detroit, two vehicles show why major U.S. automakers have a problem with used cars. In one lane of the Manheim auction facility, a black 2015...

  • FILE PHOTO -- A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney

    In the Electric Car Market, Tesla's Not The Only Game in Town

    By Nick Cunningham, Oilprice.com

    Volvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on July 5 that every car it...

  • FILE PHOTO: Volvo logo is seen at the 2017 New York International Auto Show in New York

    Here’s the Strategy Behind Volvo’s Big Move Into Electric Cars

    By Niklas Pollard, Reuters

    All Volvo car models launched after 2019 will be electric or hybrids, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion...

  • An overall view of the assembly line where the BMW X4 is made at the BMW manufacturing plant in Spartanburg, South Carolina March 28, 2014. REUTERS/Chris Keane

    Bad News for Automakers: The Average US Household Can't Afford a New Car

    By Sarah O'Brien, CNBC

    As wages stagnate and the cost of living continues to rise, paying for a new car is a challenge for consumers, according to a new study. The report by Bankrate.com shows that in all but one of the 25...

  • Assembly workers work on the underside of 2015 Ford Mustang vehicles on the production line at the Ford Motor Flat Rock Assembly Plant in Flat Rock, Michigan, August 20, 2015. REUTERS/Rebecca Cook

    Why Your Next Ford Could Be Made in China

    By Paul Lienert and David Shepardson, Reuters

    Ford Motor Co ( F.N ) said Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.-China...

  • This 3D Printed Car May One Day Be Yours

    By Andy Tully, Oilprice.com

    If Jay Rogers had his way, car buyers would be able to order a vehicle at a dealership, choose the design and accessories, and have it manufactured to their personal specifications pretty much on the...

  • Some Hands-Free Technology Raises Your Risk

    By John Grgurich, The Fiscal Times

    Nearly 7,000 people were killed by distracted drivers in 2011 and 2012. In 2012 alone, 421,000 people were injured because a driver wasn’t paying attention to her number-one job: the road. The...

  • A White House advisor suggests a federal sales tax as a remedy for the nation's soaring debt problem.

    Black Friday 2014 Comes Early: 7 Great Deals

    By Maureen Mackey, The Fiscal Times

    It’s hard to believe the holidays are just a few short months away – but there’s no need for panic, from a shopping standpoint anyway. Many consumer deals are already here due to earlier-than-ever...

  • A Buffett Deal Ordinary Investors Can Ride Along With

    By John Jannarone, CNBC

    Warren Buffett often makes investments that are out of reach for ordinary investors. But in the case of his recent car dealership deal, there's a rare chance to join him for the ride. Last week, the...

  • Why You May Be Paying Less Than $3 for Gas Soon

    By Beth Braverman

    It’s getting increasingly common to find U.S. gas stations charging less than $3 per gallon for gas. In more than half the states, consumers can find at least one station selling gas for less than $3...