News
The oil shock could be worse if it wasn't for U. S. fuel efficiency standards
4+ day, 26+ min ago (484+ words) Federal regulations have raised fuel efficiency over the decades, even though the Trump administration and Congress have recently rolled those rules back. One small bright spot as drivers stare down rising prices at the pump? Cars and trucks continue to…...
Automakers retreated from EVs. Then gas prices hit $4 a gallon
2+ week, 2+ day ago (715+ words) With federal tax credits gone and carmakers refocusing on gas-powered SUVs and trucks, the electric vehicle market was already struggling. The rising cost of fuel and a growing stock of used EVs change the math for consumers. The average price…...
Bike Oven doesn't want to fix your bike. They want to teach you how to do it.
1+ week, 2+ day ago (290+ words) David Brancaccio is host and senior editor of "Marketplace Morning Report." There is a money story under nearly everything, but David often focuses on regulation of financial markets, the role of technology in labor markets, the history of innovation, digital…...
Chinese EVs worry Detroit. But could they help U. S. industry?
2+ week, 2+ day ago (312+ words) Economist Noah Smith said demand for electric vehicles could accelerate battery production and other key technologies. After facing a punishing 100% tariff, Canada slashed import taxes on Chinese EVs to just over 6% earlier this year. Under the agreement, Canada will allow…...
Lifting the hood on a used car auction
1+ year, 1+ week ago (699+ words) Ever wondered what happens to old rental cars? Odds are, they get snapped up by dealers looking for bargains at car auctions. This story was produced by our colleagues at the BBC. The rapid patter of the auctioneer and the…...
Gas price vibe check
4+ week, 2+ day ago (143+ words) The consumer psychology of high gas prices. Plus: Patient advocates, GPS deadzones, and tax deductions. The war in Iran and the partial government shutdown in the U. S. are creating multiple stressors for airlines, which also means stress for travelers. Americans have…...
Why gas prices affect how people see the economy
4+ week, 2+ day ago (664+ words) Americans have a unique reliance on " and love " for cars. There are few people more sensitive to gas prices in New York City than taxi drivers. Rouf Kadr parked at a pump at a BP gas station near La Guardia…...
When a carmaker goes bankrupt, who can do repairs?
1+ mon, 6+ day ago (176+ words) These EV owners are fighting for the rights to their cars" IP. Designed by an alum of BMW and Aston Martin, the Fisker Ocean hit the market in 2023 as a slick alternative to the Tesla. But by 2024, its maker filed…...
War in the Middle East pushes diesel prices up " other costs will likely follow
1+ mon, 1+ week ago (295+ words) Diesel fuel powers trucks and trains, and a whole lot of the things we buy move by one if not both. One very specific economic impact of war in the Middle East: Diesel fuel just topped $4 a gallon. It's the…...
Motor vehicle sales may have rebounded a bit in February
1+ mon, 1+ week ago (439+ words) Between COVID shortages, EV tax incentives expiring, and tariff anxiety, vehicle sales have been volatile in the last few years and down in the last few months. But things could be picking up. Amid all the news of war in…...