Car buying
Teens, young adults in foster system eligible for grants

Jun. 23, 2021 12:46 PM EDT
JACKSON, Miss. (AP) — Mississippi teenagers and young adults who have spent time in the foster care system are now eligible for federal grants worth thousands...

A man charges his electric car at an electrical charging point in Rivas Vaciamadrid, Spain, Tuesday, June 15, 2021. Spain is Europe's second-leading car maker but it is lagging behind when it comes to electric cars, a situation that the government aims to change by using around five billion euros of the EU pandemic recovery funds to kickstart the electric car industry. The government plans to spend big, to install a network of public recharging stations and to convince customers about the benefits of buying electric or hybrid vehicles. (AP Photo/Manu Fernandez)
Spain hopes to jumpstart electric car industry with EU funds

By Joseph Wilson Jun. 16, 2021 02:32 AM EDT

In this still image, taken from video by the Office of the Ohio Governor, Abbigail Bugenske, 22, from Cincinnati, the first winner of Ohio's first $1 million Vax-a-Million vaccination incentive prize, is interviewed during a news conference, Thursday, May 27, 2021. (Office of Ohio Governor via AP)
'A whirlwind': 1st Ohio vaccine lottery winners speak out

By Andrew Welsh-Huggins May. 27, 2021 10:43 AM EDT

Ford pickup trucks built lacking computer chips are shown in parking lot storage in Dearborn, Mich., Tuesday, May 4, 2021. Automakers are cutting production as they grapple with a global shortage of computer chips, and that's making dealers nervous. (AP Photo/Paul Sancya)
Edmunds: Less choice, higher car prices in chip shortage

By Ronald Montoya May. 19, 2021 06:51 AM EDT

Ford pickup trucks built lacking computer chips are shown in parking lot storage in Dearborn, Mich., Tuesday, May 4, 2021. Automakers are cutting production as they grapple with a global shortage of computer chips, and that's making dealers nervous. (AP Photo/Paul Sancya)
As chip shortage goes on, cars are scarce and prices are up

By Tom Krisher May. 12, 2021 11:27 AM EDT

Connecticut man charged with misusing $2.9 million PPP loan

May. 07, 2021 06:35 PM EDT
BRIDGEPORT, Conn. (AP) — A Connecticut man was arrested Friday on bank and wire fraud charges, accused of fraudulently obtaining nearly $2.9 million in federal...

A prospective buyer surveys a long row of unsold 2020 pickup trucks at a Ram dealership, Sunday, Dec. 27, 2020, in Littleton, Colo. Selling your vehicle to a private party can be an unnecessary source of risk during the pandemic. Edmunds recommends three alternatives to minimize the time and people you interact with. (AP Photo/David Zalubowski)
Edmunds: How to sell a car in a pandemic, and do it safely

By Ronald Montoya Mar. 10, 2021 08:07 AM EST

In this image made from video, cars drive through the used vehicle lot at a LaFontaine auto dealership in Fenton Township, Mich., Thursday, Jan. 28, 2021. A chain reaction touched off by the coronavirus pandemic has pushed new-vehicle prices to record highs and dramatically driven up the cost of used ones. (AP Photo/Mike Householder)
New or used? Either way, price hikes squeeze US auto buyers

By Tom Krisher And Mike Householder Feb. 23, 2021 09:37 AM EST

FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. U.S. consumers increased their borrowing in December 2020 by $9.7 billion, as Americans took out loans to buy autos or finance their educations. But credit card use declined for the third-consecutive month. (AP Photo/Jenny Kane, File)
US consumer credit rose a solid $9.7 billion in December

By Martin Crutsinger Feb. 05, 2021 04:16 PM EST

Florida man guilty of laundering stolen COVID relief funds

Jan. 27, 2021 05:15 PM EST
TAMPA, Fla. (AP) — A Florida man who received more than $1.9 million in coronavirus relief funds faces up to 20 years in federal prison for laundering most of...

This photo provided by Ford shows the 2020 Ford F-150 XLT. The COVID-19 pandemic has wreaked havoc on just about everything, including Black Friday car deals. Perhaps the biggest factor is the lack of inventory caused by all the factory shutdowns. Edmunds market analysts expect inventory to remain low through the end of the year. Depressed supply means it’s a seller’s market, so discounts won’t be nearly as steep as in years past. (Ford via AP)
Edmunds: Black Friday car deals may not be as bountiful

By Ronald Montoya Of Edmunds Nov. 25, 2020 06:00 AM EST

Prosecutors: Florida man lied to get virus relief money

Oct. 23, 2020 07:17 PM EDT
TAMPA, Fla. (AP) — A Florida man who received more than $1.9 million in coronavirus relief funds is accused of laundering most of the money through a fake...

Used vehicle prices up as supply sinks, but relief is coming

By Tom Krisher Oct. 13, 2020 02:33 PM EDT
DETROIT (AP) — It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit, and that almost singlehandedly...

FILE- In this Tuesday, Feb. 25, 2020 file photo, workers complete an electric car ID.3 body at the assembly line during a press tour at the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up despite a deeply painful recession, mainly thanks to the action of governments. (AP Photo/Jens Meyer, file)
Europe's shift to electric cars picks up despite recession

By David Mchugh Jul. 15, 2020 06:47 AM EDT

FILE - In this Feb. 2, 2020 file photo a long row of unsold Charger sedans sits at a Dodge dealership in Littleton, Colo. Certified pre-owned vehicles present a great opportunity for used-car shoppers now. (AP Photo/David Zalubowski, File)
Edmunds: Now is time to shop for certified pre-owned vehicle

By Ronald Montoya Of Edmunds Jul. 08, 2020 06:00 AM EDT

A few cars and trucks drive on the usually very crowded main highway around Frankfurt, Germany, that is seen in the background on Thursday, April 16, 2020. Due to the coronavirus the economy worldwide expects heavy losses. (AP Photo/Michael Probst)
Europe car sales tank 55% in March on coronavirus lockdowns

Apr. 17, 2020 02:01 AM EDT

In this April 13, 2020, photo, workers monitor heavy machinery during renovation of a retail street in Wuhan in central China's Hubei province. (AP Photo/Ng Han Guan)
China tries to revive economy but consumer engine sputters

By Joe Mcdonald Apr. 16, 2020 05:27 PM EDT

FILE - In this Sunday, March 22, 2020, file photograph, a row of unsold 2020 Kicks SUVs sit at a Nissan dealership in Highlands Ranch, Colo. With the country effectively shut down and the economy upended by the coronavirus pandemic, buying a car is likely a low priority on people’s minds. A number of online shopping resources make it easier than ever to research, view inventory, and even initiate a sale from the safety of your own home. (AP Photo/David Zalubowski, File)
Edmunds: Safe ways to car shop during the pandemic

By Cameron Rogers Of Edmunds Apr. 08, 2020 11:18 AM EDT