For the first time ever, and certainly not the last, the average transaction price for a new vehicle crossed the $50,000 threshold last month, according to new data from Cox Automotive via Kelley Blue ...

Cars are mighty expensive these days, so it shouldn't come as too much of a surprise to learn that just about one-in-five new-car buyers are slapping down at least $1,000 a month for their auto loans.

European car producers could run out of semiconductor chips by the end of next due to ongoing Nexperia chip supply crisis.