automotive

Automakers Anticipate $2.3 Billion Payday From Tariff Refunds

Automakers Anticipate $2.3 Billion Payday From Tariff Refunds
Automakers Anticipate $2.3 Billion Payday From Tariff Refunds
April 30, 2026  |  Legal & Regulation

Car companies are reportedly expecting a combined $2.3 billion in refunds on tariff payments. As Reuters reported Thursday (April 30), automakers have begun logging that anticipated income...

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Nearly a Third of US Drivers Have Negative Equity on Their Cars
Nearly a Third of US Drivers Have Negative Equity on Their Cars
April 26, 2026  |  Consumer Finance

Buying a car in America has gotten harder for a large portion of drivers. That’s according to a report Sunday (April 26) from The Wall...

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CarMax Bets on Tech to Streamline Used Car Buying Journey
CarMax Bets on Tech to Streamline Used Car Buying Journey
April 14, 2026  |  Earnings

Using technology to streamline the buying and selling of cars is on the agenda at CarMax, as the used car retailer prepares a new strategic plan...

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Amazon Autos Ramps Up Focus on New Car Sales
Amazon Autos Ramps Up Focus on New Car Sales
April 13, 2026  |  Retail

Amazon is reportedly expanding its car-selling program as it focuses on partnerships with automotive dealers. The company’s Amazon Autos service, which began with a collaboration...

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Tesla’s Turn Toward More Affordable Cars Hasn’t Fueled Sales
Tesla’s Turn Toward More Affordable Cars Hasn’t Fueled Sales
April 02, 2026  |  Transportation

Tesla’s months of promoting more affordable vehicles have reportedly not yielded more sales. As TechCrunch noted in a report Thursday (April 2), Elon Musk’s electric vehicle (EV)...

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Ford Pro Virtual Assistant Simplifies Commercial Fleet Management
Ford Pro Virtual Assistant Simplifies Commercial Fleet Management
March 11, 2026  |  Technology

Ford now offers fleet managers a virtual assistant that can perform tasks such as reporting on the condition of company vehicles and scheduling service. The...

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Tax Refunds Fuel Unexpected Used Car Price Spike
Tax Refunds Fuel Unexpected Used Car Price Spike
March 06, 2026  |  Economy

Wholesale used vehicle prices increased by 4% year over year in February, driven by warmer weather and larger-than-usual tax refunds, Cox Automotive reported Friday (March...

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Wayve Raises $1.2 Billion and Preps London Robotaxi Launch
Wayve Raises $1.2 Billion and Preps London Robotaxi Launch
February 25, 2026  |  Investments

Wayve, a United Kingdom-based self-driving vehicle startup, is now valued at $8.6 billion, according to a Wednesday (Feb. 25) press release. The company concluded a...

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