Latest Car buying News

Consumer Reports finds vehicle redesigns come with glitches

Nov. 14, 2019 1:11 PM EST

DETROIT (AP) — When it comes to buying a new car, the latest and greatest may not be the most dependable. In its annual auto reliability survey this year, Consumer Reports found that while newly redesigned models have the latest infotainment, safety and fuel-economy technology, they also come with glitches...

Coworkers buy car for woman walking 12 miles home from work

Nov. 6, 2019 2:45 PM EST

GREER, S.C. (AP) — Coworkers of a woman left walking 12 miles (19 kilometers) home from work after her car broke down have helped buy her a new vehicle. Josh Lewis and his boss noticed 60-year-old Darlene Quinn on foot several times as they drove home from FedEx near Greer, Lewis said. They began offering...

Coworkers buy car for woman walking 12 miles home from work

Nov. 6, 2019 2:06 PM EST

GREER, S.C. (AP) — Coworkers have bought a new vehicle for a woman who had to regularly walk 12 miles (19 kilometers) home from work after her car broke down. Josh Lewis says he and his boss noticed 60-year-old Darlene Quinn on foot as they drove home from a FedEx facility near Greer. Lewis says they began...

German government extends incentives for electric car buyers

Nov. 4, 2019 6:42 PM EST

BERLIN (AP) — The German government is supercharging subsidies for electric cars on the day the country's biggest automaker began production of a new all-electric vehicle. Chancellor Angela Merkel's office said officials and industry representatives agreed late Monday to increase by half the existing...

Edmunds: The worst financial mistake a car buyer can make

Oct. 23, 2019 6:12 AM EDT

The prospect of paying too much for a new vehicle often fills shoppers with dread, which explains why so many invest hours researching prices, trade-in values and interest rates. But while getting a good deal is important, it does not guarantee immunity from making the costliest financial mistake: purchasing the...

Edmunds: Higher trims on used cars get better value

Oct. 2, 2019 6:11 AM EDT

Americans tend to want all the "bells and whistles" on their new cars. Today's shoppers are opting for higher trim levels and costlier option packages, according to Edmunds' analysis. These upgrades now add just over $10,000 to the base price on average, whereas a decade ago that figure was closer to $6,500. Even...

AP FACT CHECK: Trump team distortions on fuel economy rules

Sep. 19, 2019 8:55 PM EDT

WASHINGTON (AP) — President Donald Trump and his team are distorting the facts in explaining the administration's decision to stop California from setting its own emission standards for cars and trucks. The move announced this week revokes California's authority to set auto mileage standards stricter than...

Trump bars California from setting stricter fuel standards

Sep. 18, 2019 8:26 PM EDT

WASHINGTON (AP) — President Donald Trump announced Wednesday that his administration is revoking California's authority to set auto mileage standards stricter than those issued by federal regulators, a move critics said would result in less fuel-efficient cars that create more planet-warming pollution. In...

Edmunds: Should you buy a rental car?

Sep. 18, 2019 6:11 AM EDT

The life of a rental vehicle is a tough one: It's driven by many people and for more miles than average. After about a year of service, the rental company will typically pull the vehicle out of the fleet and sell it as a used car. But in this "second life," a former rental vehicle can make for a compelling used...

CBS credit union manager gets 14 years for $40M embezzlement

Sep. 16, 2019 8:39 PM EDT

LOS ANGELES (AP) — The former manager of a credit union that served employees of the CBS television network has been sentenced to more than 14 years in prison for a two-decade embezzlement scheme that drained $40 million from the institution and forced it into insolvency. Edward Rostohar pleaded guilty to...