AUTO

A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty ImagesDETROIT — A closely watched barometer for used vehicle pricing jumped last month to its highest level since…

When the Fed hiked rates in 2022 and 2023, the interest rates on most consumer loans quickly followed suit. Even though the central bank lowered its benchmark rate three times in 2024, those consumer rates are still elevated, and are…

New vehicles displayed for sale at a General Motors Co. Chevrolet dealership in Miami, Florida, US, on Saturday, April 5, 2025. Bloomberg | Bloomberg | Getty ImagesEuropean auto giants reported a sharp drop in first-quarter profit, and…

Autoworkers at Nissan's Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs thousands of people and produces a variety of vehicles, including the Leaf EV and Rogue crossover.Michael Wayland / CNBCDETROIT —…

The Slate Truck. Courtesy: Slate AutoSlate Auto, a firm backed in part by Amazon founder Jeff Bezos, is unveiling a low-cost electric truck that can also change into an SUV.Its starting price point: $20,000 after federal EV incentives."A…

Jamell Harris loads raw casting heads to be manufactured at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan.Bill Pugliano | Getty ImagesDETROIT – Six of the top policy groups representing the U.S. automotive…

Tesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat, as he, U.S. Trade Representative Jamieson Greer and Central Intelligence Agency Director John Ratcliffe attend a cabinet meeting at the White House, in Washington,…

A Volkswagen emblem, attached to a tower at the Volkswagen Osnabrück GmbH plant, can be seen behind a red traffic light.Picture Alliance | Picture Alliance | Getty ImagesEurope's auto giants slipped on Wednesday, extending recent losses…

A cargo truck loaded with new pickups heads to U.S. at the Otay Commercial crossing in Tijuana, Baja California state, Mexico on March 27, 2025.Guillermo Arias | AFP | Getty ImagesDETROIT — Shares of automakers closed higher Monday after…

Autoworkers at Nissan's Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover.Michael Wayland / CNBCDETROIT — As…