Latest Automobiles News

Fort Wayne crash sends 10 children, 2 adults to hospitals

Aug. 09, 2022 07:33 AM EDT

FORT WAYNE, Ind. (AP) — Ten children and two adults have been hospitalized after a van collided with a pickup truck in northeastern Indiana. A preliminary investigation shows the pickup truck failed to yield the right of way at an intersection and was struck about 7:15 p.m. Monday...

Florida woman's lawsuit says Equifax error made loan pricier

Aug. 04, 2022 12:20 PM EDT

ORLANDO, Fla. (AP) — A Florida woman has sued Equifax claiming she was denied a car loan because of a 130-point mistake in her credit report that she says was part of a larger group of credit score errors the ratings agency made this spring due to a coding problem. The class action...

How to recession-proof your life amid economic uncertainty

Aug. 03, 2022 06:54 AM EDT

NEW YORK (AP) — Prices for gas, food and rent are soaring. The Federal Reserve has raised interest rates to the highest level since 2018. The U.S. economy has shrunk for two straight quarters. Economists are divided over whether a recession is looming. What's clear is that...

Edmunds: 5 vehicles that are easy on the wallet

Aug. 03, 2022 06:30 AM EDT

New cars are pricier than ever in today’s economy. Inflation, low inventory and now rising interest rates have all taken a toll on prices. Last week, the Fed raised interest rates for the fourth time this year, compounding the issues that plague car shoppers. Yet in spite of the higher prices,...

Japan truckmaker Hino says emissions data faked for 20 years

Aug. 02, 2022 05:45 AM EDT

TOKYO (AP) — Hino Motors, a truck maker that’s part of the Toyota group, systematically falsified emissions data dating back as far back as 2003, according to the results of an investigation released Tuesday. President Satoshi Ogiso bowed deeply at a hastily called news...

Ex-F1 race director Masi says he received death threats

Jul. 31, 2022 09:09 AM EDT

BUDAPEST, Hungary (AP) — Formula One's former race director Michael Masi has described the abuse he received on social media following last season's controversial call at the season-ending Abu Dhabi Grand Prix. Red Bull driver Max Verstappen won his first world title after...

Winning lottery jackpot is lucky for some, tragic for others

Jul. 31, 2022 09:33 AM EDT

Dave and Erica Harrig stayed true to their values when they won a lottery jackpot of more than $61 million in 2013. It made all the difference. The couple from Gretna, Nebraska, a community on the outskirts of Omaha where Dave Harrig now is a volunteer firefighter, allowed...

How to recession-proof your life amid economic uncertainty

Jul. 29, 2022 11:05 AM EDT

NEW YORK (AP) — Prices for gas, food and rent are soaring. The Federal Reserve has raised interest rates to the highest level since 2018. The U.S. economy has shrunk for two straight quarters. Economists are divided over whether a recession is looming. What’s clear is that...

How the Federal Reserve's rate hikes affect your finances

Jul. 27, 2022 18:04 PM EDT

WASHINGTON (AP) — Higher mortgage rates have sent home sales tumbling. Credit card rates have grown more burdensome, and so have auto loans. Savers are finally receiving yields that are actually visible, while crypto assets are reeling. The Federal Reserve's move Wednesday to...

Edmunds: 5 electric SUVs for almost any budget

Jul. 27, 2022 10:35 AM EDT

In the early days of the modern electric vehicle, or EV, your choices were largely limited to a few range-compromised models or an expensive Tesla on the high end. But 2022 offers a much wider variety of excellent EVs to choose from, and many of them are versatile SUVs. The car experts at Edmunds...