Page 22 - Ivan Drury News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ditto/Getty Images(NEW YORK) -- Honda and Acura recalled a combined 750,000 cars this week over an airbag defect, becoming the latest in a series of recalls this year that has touched carmakers from Tesla to Ford. The near-daily headlines warning of a recall amount to more than an eye-catching coincidence. Car recalls have surged in recent years, owing largely to the increased complexity of vehicles replete with electronic components that increase the likelihood of a malfunction, according to an ABC News analysis of government data and interviews with experts. The average number of car recalls...

Cars are getting more and more complex, and it's leading to a lot of recalls.

The share of new car owners spending $1,000 or more on monthly payments hit a new record. According to the automotive website Edmunds, the share increased to 17.9% in Q4 2023, up from 17.5% in Q3 and 15.7% in Q4 2022. Recent figures were also more heavily influenced by luxury sales compared to previous quarters.

Before buying a new or used car in South Florida, take a look at what to expect from the market in 2024.

Sales of the Toyota RAV4 compact crossover came within 10,000 units of Stellantis’ Ram pickup truck last year.