Huge bankruptcies for used car firms have exposed Wall Street’s entanglement with the sector. Far from derisking after the Great Recession, banks rebuilt the economy on obscure financial ...

After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...

The upcoming 25 percent tariff on imported vehicles and parts is expected to create new pressure on the used-car market, potentially sending already high prices even higher as more shoppers find ...

New car sales bottomed out in 2022, the peak year of COVID-19-era shortages that hobbled assembly lines. Now, that slow year for new cars is coming back to haunt used car shoppers. The three-year-old ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

Hefty tariffs on new vehicle imports have already resulted in more would-be car buyers moving up plans to buy in order to avoid the tariff effect, likely to show up on sticker prices once dealerships ...

Performance parts, flashy body kits, and custom paint can feel like easy ways to make a car stand out, but the market usually ...

A surge in subprime auto loan delinquencies, high-interest burdens and rising car ownership costs are pushing America's auto credit system toward a breaking point, with recent bankruptcies exposing ...

A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...

President Donald Trump’s 25% tariffs on autos not made in the U.S. and certain auto parts are sending more tremors through an industry already being pummeled by steel and aluminum import duties and on ...