Drop in Global Shipping Costs Signals Cooling Inflation, Experts Say
The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking last year w
Most EVs Won’t Qualify for Federal Tax Credit
DETROIT — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress. But
NHTSA Probes Tesla Crashes That Killed Two Motorcyclists
DETROIT — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The part
Ford Q2 Profit Up 19% on Strong Prices, Sales Increase
DETROIT — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.
Auto Prices Finally Begin to Creep Down From Inflated Highs
While prices on new and used vehicles remain 30% to 50% above where they were when the pandemic erupted, signs are pointing to many vehicles becoming slightly more affordable.
11 More Crash Deaths Are Linked to Automated-Tech Vehicles
Eleven additional people were killed in U.S. crashes involving vehicles that were using automated driving systems during a four-month period earlier in 2022, according to newly rel
NTSB Wants All New Vehicles to Check Drivers for Alcohol Use
DETROIT — The National Transportation Safety Board is recommending that all new vehicles in the U.S. be equipped with blood alcohol monitoring systems that can stop an intoxicate
Gas-Powered Muscle Cars to Turn Electric
PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as au
FMCSA Takes Measures to Ensure Medical Examiners’ Qualification
Faced with information technology challenges to its medical examiner’s online registry, the Federal Motor Carrier Safety Administration announced measures to ensure physicians wi
Musk Returns For Day 3 of Tesla Investors Trial
SAN FRANCISCO — Elon Musk returned to the stand for a third day on Jan. 24 in federal court in San Francisco to testify in a trial stemming from a class action lawsuit.