Average new car prices set to hit record $46,259 in August

The average transaction price paid for a new car in August is expected to hit an all-time high, according to J.D. Power, with monthly finance payments also at record levels.

'Cars' Porsche 911 sold for $3.6 million at charity auction

A one-of-a-kind Porsche designed as a tribute to a beloved cartoon character has been auctioned for an astonishing amount.

Hyundai, Kia recall: Some SUV owners urged to park outside due to fire risk

The recalls cover Hyundai Palisade and Kia Telluride SUV models from 2020 through 2022. The companies reported 25 fires and melting incidents related to the vehicles tow hitch wiring.

Which EVs qualify for new US tax credit? Websites offer help

President Joe Biden signed Democrats’ landmark climate change and health care bill into law on Tuesday. It includes a tax credit of up to $7,500 that could be used to defray the cost of purchasing an electric vehicle.

Most electric vehicles won't quality for tax credit despite proposed bill

“The $7,500 credit might exist on paper," John Bozzella, CEO of the Alliance of Automotive Innovation, said in a statement, “but no vehicles will qualify for this purchase over the next few years.”

Kias and Hyundais continue to be stolen at alarming rates, police warn

Owners of certain Hyundai and Kia models are being advised to take special precautions securing their vehicles due to a rash of thefts that has been sweeping cities across the nation.

Senate deal on climate, inflation bill would make it easier to buy electric vehicles

The surprise deal by Senate Democrats on a pared-down climate, health care and inflation bill would give buyers an EV tax credit starting next year, among other incentives.

Semiconductor shortage is chipping away at car safety features

Automakers struggling to build vehicles during the supply crisis of these essential components have had to remove a variety of electronic features from their vehicles to keep the assembly lines moving over the past two years.

Honda key fob flaw allows hackers to remotely unlock, start certain vehicles

The key fob hack, dubbed “Rolling Pwn” by a pair of security researchers, involves a potential vulnerability in the keyless entry system of certain 2012-2022 Honda vehicles.

Tunnel to tomorrow? Elon Musk's Las Vegas Loop is now open for business

Visitors to Las Vegas may soon be able to beat the street traffic by traveling underground on Elon Musk's Vegas Loop. Here's a first look from deep below Sin City.