The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from car website Edmunds.
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The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from car website Edmunds.
Automakers Ford and GM are trying to figure out what to do with battery factories now that EV sales are falling way short of forecasts
Toyota Motor sweetened the tender offer price for buying out the carmaker by more than 15% to over $35 billion.
Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled automaker following years of sales declines in the U.S.
Musk's Grok AI chatbot faces investigations from India, Malaysia, Indonesia, Ireland, Australia as well.