An Ohio senator's claim that millionaires primarily benefited from the EV tax credit is largely inaccurate, as income and price caps limited its use for high-end vehicles. While the percentage of U.S.

Americans are shelling out record car payments — and now some are signing up for loans stretching nearly a decade to get a new set of wheels. The average monthly payment for a new car hit about $760 ...

This December, Americans are coming together with their loved ones to celebrate what really matters: Toyotathon. During the holidays, when car companies offer sales to clear out their leftover ...

The auto industry is expected to face continued economic uncertainty and declining consumer confidence in 2026. Analysts predict new and used vehicle prices will remain high, making affordability a ...

Experts predict near-term price instability for EVs and other vehicles due to Trump's tariffs, potentially leveling off by 2027. Here's what you can do now if you're in the market to buy one. In March ...

China’s new restrictions on car discounts signal the government is cranking up its scrutiny of excessive competition in the local auto industry after previous attempts failed to stem falling vehicle ...

Automakers are increasing mandatory destination and delivery fees on new vehicles. These non-negotiable fees have risen faster for the 2025 model year than in the last decade. Analysts suggest these ...

President Donald Trump thinks he has found a solution to the skyrocketing price tags for vehicles: building smaller cars. These vehicles are extremely popular in Asia, where they are known as micro ...

Forbes contributors publish independent expert analyses and insights. I write about the auto industry and its impact on almost everything. A new car or truck costs nearly $50,000. The increasing ...

New car prices hit a record high, and President Trump blames fuel efficiency standards. NPR's Ayesha Rascoe speaks with Bloomberg Detroit bureau chief David Welch about what's behind the high prices.