U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to cut back spending, a report from industry consultants J.D. Power-LMC Automotive showed on Wednesday. “Elevated pricing,...
Leasing a car can be a great option for many drivers, especially if you have your heart set on a brand-new model. Car leases often have lower monthly payments than auto loans, and you get to drive a new car every few years. Plus, you might even be able to negotiate...
In 1999, the 175-year-old German company Siemens spun off its semiconductor arm into an entity called Infineon, based just outside Munich. Infineon has done nothing but grow since then. When it purchased U.S. chip maker Cypress Semiconductor in 2020, Infineon says it...
If you’re in the market for a new or used car, you’ve probably considered an auto loan. When you finance a vehicle, you take out a loan and pay off the car in monthly installments over a designated period of time. You also pay interest, which is the cost...
We’ve been seeing Hyundai Kona prototypes running around for some time, but Hyundai was surprisingly vigilant in keeping heavy camouflage on its next-generation subcompact crossover. The company wasn’t teasing a date for it, either. So the sudden reveal of...
