Used Car Sales Drop, Gutting CarMax Profits

» Posted March 13, 2023 • Resources

If you have been in the market for a used car, waiting to pull the trigger appears to have paid off. Price tags on pre-owned vehicles are on the decline. Just ask CarMax.

Tesla Sells Record 1.3 Million Vehicles in 2022

» Posted March 10, 2023 • Resources

The luxury electric vehicle manufacturer hit a new sales record in 2022, CNN reports. That is despite issuing a slew of recalls and facing a federal probe over its controversial driver-assist technology.

GM Offers to Buy Back Some Malfunctioning Chevy Malibus

» Posted March 8, 2023 • Resources

General Motors is offering to buy back certain Chevy Malibus over a defect the automaker admits is difficult to fix. GM has recalled some 2,100 Malibu sedans, the company told federal regulators.

Used Tesla Price Tag Plummets

» Posted March 6, 2023 • Resources

There is good news for people who have been waiting to get their hands on a Tesla: the price of the pre-owned versions of the cars is dropping fast.

Volkswagen Beetles Called Back Over Faulty Takata Airbags

» Posted March 3, 2023 • Resources

Volkswagen is the latest major auto manufacturer to recall cars over concerns about Takata airbags, nearly a decade after the safety devices were first linked to accidents and deaths.

Chevy Bolts Recalled as Automaker Cites New Fire Risk

» Posted March 1, 2023 • Resources

The latest recall comes less than a year after GM restarted Bolt production at a plant in Michigan. The company had pumped the brakes on making new Bolts after recalling essentially every single one of the EVs on the market over battery pack fire risks.

Hertz Faces Federal Probe Over Renting Recalled Cars

» Posted February 27, 2023 • Resources

The National Highway Traffic Safety Administration is investigating Hertz for allegedly renting vehicles that have been recalled without first fixing the issues, according to a Politico report. That is a violation of federal motor vehicle safety laws.

Subaru Recalls More Than 270,000 Ascent SUVs Over Fire Risk

» Posted February 24, 2023 • Resources

Subaru is calling back some 270,000 Ascent sport utility vehicles over a defect that poses a serious safety issue, the company recently told federal regulators.

GM Recalls More than 740,000 Cars Over Light Snafu

» Posted February 22, 2023 • Resources

General Motors has another car safety problem on its hands. The major auto manufacturer recently announced that it is recalling some 740,000 vehicles over a defect that could put everyone on the road at risk.

Mercedes Calls Back 324,000 SUVs, Citing Engine Stalling Risk

» Posted February 20, 2023 • Resources

Mercedes-Benz says a slew of its sport utility vehicles are at risk of stalling and need to be inspected. The company is recalling some 324,000 Mercedes-Benz ML and GLE SUVs, it recently told federal regulators. Water could build up in the vehicles’ spare wheel wells, which can set off a device that causes engines to shut down, according to the automaker.

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