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The new labor contracts between the United Auto Workers union and General Motors, Ford and Stellantis will make a big difference in the paychecks of 145,000 autoworkers. It will raise their pay at least 11% immediately, and likely more than 30% over the life of the contract. But it’s not going to make much difference in the prices you have to pay when buying your next car.
Tesla completed an about-face after threatening to sue purchasers of the Cybertruck for reselling their vehicles.
Tesla's short-lived resale restriction on the Cybertruck is the latest sign the truck isn't ready for the mass market quiet yet.
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While shoppers have gotten some relief on prices as used cars sold for 5.5% less in the third quarter, the same can’t be said of financing.
The launch of a low-cost Tesla is all but certain. What’s not certain is how rivals will survive the impact. An industry veteran anticipates pain for competitors.