Edmunds news
The Federal Reserve’s decision to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.
What features do you consider a priority when car shopping? Horsepower or cargo space are often mentioned, but the reality is that today’s vehicles are quite similar in how they drive and how much stuff they can hold.
Shopping for a new electric vehicle can seem a bit like the Wild West. While most people are familiar with Tesla and established automakers, they’re less likely to know much about all-new companies.
The Honda Pilot first joined the automaker’s lineup for the 2003 model year and it’s been a popular choice for midsize crossover SUV shoppers ever since.
It’s obvious that when temperatures drop and winter weather arrives you’ll need to put away your shorts and T-shirt and go for pants and a thick coat. But the decision to swap out your vehicle’s all-season tires for winter tires isn’t so clear-cut.
Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago.
Since its debut for the 2021 model year, the Toyota RAV4 Prime has served as a benchmark for what a small SUV with a plug-in hybrid powertrain can be. But now SUV shoppers have another choice to consider: the Hyundai Tucson PHEV.
The collection of new vehicles on sale is constantly changing with all of the latest introductions and discontinuations. While the all-new vehicles get plenty of hype, automakers are typically quiet when they cease production of a vehicle.
BMW has a well-established history of developing luxury sport sedans, and now the automaker has set its sights on dominating the all-electric segment with its new 2022 i4. The BMW i4 is about the size of a 3 Series and offers an engaging driving experience.
The dollars-and-cents counter on the gas pump seems to be spinning faster these days with U.S. prices hitting another record high.
New-vehicle sales in the United States fell about 12% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand.
It has been difficult to find a new car in today’s market, which has been plagued by chip shortages and supply chain issues.
General Motors increased its net income 56% last year, helped by higher prices for its vehicles that were made scarce by a global shortage of computer chips.
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing, autos and clothing left Americans enduring their highest annual inflation rate in 39 years.
This has been a tough year to buy a new or used car in America. With COVID-19 factory shutdowns, semiconductor chip shortages, rising prices and supply chain issues, it’s been nothing but bad news for car shoppers.