Skip to main content
Updating results

Automobiles

  • Updated

New and used car prices remain high as a global semiconductor chip shortage, combined with increased consumer demand, has caused a shortage of vehicles on dealer lots. The situation is expected to last many months, making it hard on people who are in need of a car today.

  • Updated

The average transaction price for new vehicles has been steadily rising over the past few years. In April it was $40,545, a 3% increase from the prior year, according to Edmunds data. Some of this jump can be chalked up to people buying pricier trucks and SUVs, but another part of the story is their desire to get all the “bells and whistles,” often found on the top trim levels.

  • Updated

PITTSFIELD TOWNSHIP, Mich. (AP) — On the outside, the electric version of Ford's F-150 pickup looks much like its wildly popular gas-powered version. Yet the resemblance is deceiving. With its new battery-powered truck, Ford is making a costly bet that buyers will embrace a vehicle that would help transform how the world drives.

  • Updated

DETROIT (AP) — Timothy Tharp has owned businesses in Detroit long enough to remember when parts of downtown resembled a ghost town. He’s also seen its resurgence with new restaurants, hotels and throngs of people since the city's emergence from bankruptcy.

Get up-to-the-minute news sent straight to your device.

Topics

Breaking News

News Alert