Cars
Buying, leasing, financing and running a vehicle, with the real monthly figures.
Thursday, October 22
Tesla surprised Wall Street with $1.5 billion in cash
Tesla just handed Wall Street a $1.5 billion surprise. Financial experts expected the company to bleed nearly $5 billion in cash.
Tesla beats expectations with $20.56B in car sales
Tesla just turned in a third quarter that beat what Wall Street expected. The money kept rolling right into the register.
Tuesday, October 20
GM is closing its Brownstown battery plant and shifting away from electric vehicles
General Motors is closing its 480,000-square-foot Brownstown Battery Assembly plant next summer. The company is also repurposing a Detroit plant meant for hydrogen fuel cells. Slow electric vehicle sales and lost tax credits drove the change.
Ark Invest projects Tesla stock reaching $5,000 by 2031
Ark Invest, led by Cathie Wood, projects Tesla stock will hit $5,000 by 2031 in an optimistic projection. That target is more than 13 times where the stock trades today.
Monday, October 19
Sunday, October 18
Barry Ritholtz says Tesla valuation assumes 80% EV market share
Barry Ritholtz states that Tesla's valuation assumes the company is 5 times the market cap of Toyota. Barry Ritholtz, Chairman and Chief Investment Officer of Ritholtz Wealth Management, points out a rather giant wrinkle in that math.
Ford and Google warn 1.7 million trade jobs need workers each year
America has about 1.7 million jobs to fill every single year through 2035. Ford, BlackRock, Google, and Carhartt are joining forces to say the country must skill up fast.
Tesla plans to spend $25 billion on new equipment this year
Tesla plans to spend $25 billion on physical assets like equipment and buildings this year. Bloomberg Earnings Reporter Ann Gehan says that sum is triple what the company spent last year.
Saturday, October 17
Friday, October 16
Wednesday, October 14
Tuesday, October 13
48,000 flood damaged cars hit the used market after recent storms
Storms this summer ruined thousands of vehicles. These cars are now appearing for sale. They look clean but hide deep damage. You might buy one in your neighborhood. Check the history before you sign anything.
Used Toyota Tacoma prices remain high across New Jersey dealerships
Used Toyota Tacoma trucks are not getting cheaper. Prices stay high even with older models. Buyers keep paying top dollar for these trucks. The resale value remains the best in the market. You might pay more now to save later. Reliability keeps these trucks in high demand today.
Monday, October 12
Volkswagen recalls 22,524 ID4s
Volkswagen, a car maker, recalls cars. Cars have battery fires. Cause is unknown.
2026 Jeep Cherokee Hybrid arrives with 39 mpg and a heavy price
Jeep brings back a famous nameplate with a brand-new hybrid system. It fights right against the Toyota RAV4 and Honda CR-V in the crowded SUV market. The new shape gives you 34 cubic feet of cargo space behind the seats. Testers found the steering wheel shape blocks the screen buttons.
Sunday, October 11
Friday, October 9
Thursday, October 8
Average new car loan hits $44,664 with record 84-month terms
New Car prices are climbing higher every month. Buyers now finance an average of $44,664 per vehicle. Over one quarter of shoppers choose 84-month loan terms. Monthly payments for many drivers now exceed $1,000. You are paying thousands more in interest to the bank.
Tesla Model 3 and Y finally get bidirectional home charging
Your Tesla can now keep the lights on during a blackout. Model 3 and Model Y cars ordered after October 1 now feature bidirectional charging. You will need a Powerwall 3 and a compatible wall connector installed at your house.
Moab City Council approves $250,000 Jeep sponsorship deal and five loaned vehicles
Moab just signed a new deal with Jeep. The city gets two hundred fifty thousand dollars in cash. Five free vehicles replace old police cars at zero cost. Jeep also promises trail work and big marketing help. Watch how brand partnerships change small town budgets.
Wednesday, October 7
2027 Mercedes-Benz GLE and GLS get major engine overhauls and cloud-linked suspensions
Mercedes-Benz updated its popular luxury SUVs for the 2027 model year. The new GLE and GLS feature retuned suspensions and high-tech S-class engines. Grilles now display rows of small three-pointed stars.
Mercedes adds 12.3-inch Superscreen and physical buttons to 2027 GLE and GLS
Mercedes-Benz updated its popular luxury SUVs for the 2027 model year. The GLE and GLS lines feature a new standard three-screen glass dash. Drivers also get fewer touch controls on the steering wheel.
Updated 2027 Honda Passport TrailSport arrives at dealerships after rally debut
The refreshed 2027 Honda Passport TrailSport has arrived at CarPro dealerships. It features a reengineered suspension with 9.65 inches of ground clearance. A racing team is putting the new SUV through the Rebelle Rally.
2027 BMW iX4 electric crossover debuts with up to 603 horsepower
BMW is the German luxury car builder famous for making the 3 Series and X5. The new 2027 BMW iX4 electric crossover goes on sale in March 2027 starting at $67,695. The base 50 xDrive model delivers 463 horsepower and up to 428 miles of driving range.
Porsche plans new supercar and more expensive models after profit plunge
Porsche CEO Michael Leiters announced a new turnaround plan in Stuttgart, Germany. Profits plummeted from $5.9 billion in 2024 to $101 million for 2025. The company will focus on exclusive vehicles and higher prices.
Tuesday, October 6
Tesla vehicles power homes
Tesla's Model 3 and Model Y cars can back up homes. They work with Powerwall 3 batteries.
Volvo V60 Polestar costs $30,000
Volvo V60 Polestar is a performance wagon. It has 362 horsepower and all-wheel drive. Costs around $30,000.
Mini launches Countryman Untamed off-road trim
They launch new off-road trim. It has lifted suspension and all-terrain tires. Available in North America and Europe.
Mini's Countryman Untamed goes off-road with 0.8-inch lift and all-terrain tires
Mini is launching the Countryman Untamed. It is a lifted Countryman with all-terrain tires. It has a suspension lift and new wheels. The Countryman Untamed starts at $45,250. It will hit the market in early 2027.
