Latest Automobiles News

Insurers say California's inaction threatens auto policies

Sep. 26, 2022 09:34 AM EDT

SACRAMENTO, Calif. (AP) — Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve any rate increases for more than two years, since the start of the coronavirus pandemic. The...

Revamped Detroit auto show now also features new flying tech

Sep. 23, 2022 05:53 AM EDT

DETROIT (AP) — The Detroit auto show has returned after a three-year absence with a roar. And a soar. Visitors to the prestigious North American International Auto Show, which kicked off last week, can lay eyes on the latest offerings from some of the world's biggest automakers, as...

Fed attacks inflation with another big hike and expects more

Sep. 21, 2022 16:21 PM EDT

WASHINGTON (AP) — Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressive pace that will heighten the risk of an...

How steep Fed rate hikes affect your finances

Sep. 21, 2022 14:08 PM EDT

NEW YORK (AP) — Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though. As the Federal Reserve has rapidly increased interest rates, many economists say they fear that a recession is...

Edmunds: The pros and cons of vehicle touchscreens

Sep. 21, 2022 06:24 AM EDT

There’s no denying the impact that smartphones and tablets have had on modern vehicles. Look into just about any new car and you’ll find a touchscreen and maybe even a bank of capacitive touch buttons that seek to approximate the function of mechanical buttons. The appeal is obvious: A cabin...

US: 48 exploited pandemic to steal $250M from food program

Sep. 20, 2022 22:55 PM EDT

MINNEAPOLIS (AP) — United States authorities charged 48 people in Minnesota with conspiracy and other counts in what they said Tuesday was the largest pandemic-related fraud scheme yet, stealing $250 million from a federal program that provides meals to low-income children. Federal...

US traffic deaths dip in Q2 but still high as pandemic eases

Sep. 19, 2022 13:08 PM EDT

DETROIT (AP) — The number of people killed on U.S. roadways fell slightly from April through June, the first decline in two years as pandemic-era reckless driving appeared to ease. But the government says the number of deaths remains at a crisis level. Estimates from the National...

A less-glitzy Detroit auto show returns after 3-year absence

Sep. 15, 2022 00:45 AM EDT

DETROIT (AP) — When it came time to showcase its electric Chevrolet Equinox SUV to the public this year, General Motors decided against doing so at the big Detroit auto show, as it typically would have done in the past. Instead, it unveiled the Equinox six days earlier. GM’s...

'Car guy' Biden touts electric vehicles at Detroit auto show

Sep. 14, 2022 18:30 PM EDT

DETROIT (AP) — President Joe Biden, a “car guy” with his own vintage Corvette, showcased his administration's efforts to promote electric vehicles during a visit Wednesday to the Detroit auto show. Biden traveled to the massive North American International Auto Show to plug...

Edmunds Compares: 2023 Toyota bZ4X vs. 2023 Volkswagen ID.4

Sep. 14, 2022 06:37 AM EDT

Toyota largely pioneered hybrid vehicles, and its extensive lineup of gas-saving models today is a testament to that. But it’s taken a while for Toyota to finally come out with its first mass-market electric vehicle: the all-new 2023 Toyota bZ4X. This is a small SUV that’s about the same size...