What changed in the auto market this week.
Short posts on the moves that matter: rate shifts, incentive launches, recalls worth knowing. Published every Monday morning.
Used Car Prices Drop 8% This Quarter: Time to Buy
The used car market is finally cooling off with wholesale prices down sharply, giving everyday shoppers real negotiating power for the first time in years.
GM Is Throwing Cash at Cadillac Lyriq Buyers This Week
General Motors just launched up to $7,500 in combined incentives on the Cadillac Lyriq as inventory piles up and Tesla cuts prices again.
Hyundai and Kia Finally Forced to Fix Theft Crisis
Federal regulators just mandated software updates for 3.8 million easily-stolen Hyundais and Kias, ending years of voluntary half-measures that left owners vulnerable.
Nissan Is Chasing Subprime Borrowers Again and That's Your Problem
Nissan just loosened credit standards and is approving buyers with scores below 580, signaling desperation that could flood the used market soon.
Fed Signals First Rate Cut in Two Years for July
The Federal Reserve just telegraphed a likely rate cut next month, which could finally bring auto loan rates down from their current stratosphere.
Toyota and Honda Just Made Leasing Way More Expensive
Both Japanese brands hiked their lease money factors this week, pushing effective rates above 7% on most models.
Stellantis Just Launched Zero Percent Financing Across Most Models
Jeep, Ram, and Chrysler dealers are now offering 0% APR for up to 72 months as inventory piles up and sales lag.
Gas Prices Drop 40 Cents in Three Weeks, Summer Trips Just Got Cheaper
National average gasoline prices have fallen sharply since mid-May, now sitting at $3.09 per gallon as summer driving season begins.
Ford Recalls 47,000 Mach-E Crossovers for Battery Fire Risk
Ford is recalling nearly every 2021-2022 Mustang Mach-E built due to battery overheating issues that could lead to fires, even when parked.
Used Car Prices Just Posted Their Biggest Monthly Drop Since 2023
Wholesale auction data shows used vehicle values fell 3.8 percent in May, and retail lots are finally feeling the pressure to match.
GM Just Slashed EV Prices Through Incentives, Not MSRPs
General Motors is offering up to $7,500 in customer cash on several electric models as inventory piles up and demand softens.
Memorial Day Incentives Are Surprisingly Weak This Year
Automakers are rolling out underwhelming Memorial Day deals in 2026, signaling tight inventory and stubborn pricing power despite softening demand.
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Fed Cuts Rates Again: Your Auto Loan Just Got Cheaper
The Federal Reserve dropped rates another quarter point this week, pushing average new car loan rates below 6% for the first time since early 2023.