Why Car Prices Are Still Crazy High

Three years ago, Bob Lee, a tech executive famous for creating Cash App, was found stabbed in San Francisco. His killing set off a wave of online fury. Reporter Shawn Wen takes us back to the turbulent days before his killer was arrested, when misinformation and rumors ran rampan ...  Show more

The Strait of Hormuz is now open. In a social media post Friday morning, Iran’s Foreign Minister wrote that Iran will be letting ships through the vital waterway for the duration of a 10-day ceasefire in Lebanon. Oil prices fell, and President Trump celebrated. But Iran’s announc ...  Show more

Later this week, as many as 150,000 U.S. autoworkers may walk out in a historic strike against the three Detroit automakers, General Motors, Ford and Stellantis. The United Auto Workers union and the Big Three are still far apart in talks, and have only two days left to negoti ...

Send us a textOver the last three years we have seen the biggest car price increases in history. Last year the average cost of a new car in the United States was forty-seven thousand dollars and the average used car price today is just under thirty thousand dollars.Car buyers tod ...  Show more

Drivers are increasingly paying sticker price or more for a new car. Then there are sky-high insurance rates and mortgage-level car payments. Vox’s Marin Cogan explains how we got here. This episode was produced by Victoria Chamberlin, edited by Matt Collette, fact-checked by Lau ...  Show more

A wave of strikes that has paralyzed the auto industry came to an end on Monday, when the last of the three big car manufacturers, General Motors, reached a deal with the United Automobile Workers union.

Neal E. Boudette, who covers the auto industry for The Times, discu ...