Automotive Deals

These Brands Had the Best New Car Deals in 2022

September 7, 2024

Image: David Zalubowski (AP) If you tried to buy a new car in 2022 you were probably in for a world of frustration. Some of you got lucky, but most buyers faced high prices and/or long wait times especially when shopping for popular cars like RAV4s and Kia Tellurides. However, there were some brands that managed to weather the supply storm and therefore were a bit easier to find units with reasonable prices. Most of you know by now that my day job is as a professional car shopper. I work with hundreds of customers every year and talk with…

Automotive Deals

Car Gear, Tools, and More

July 15, 2023

Prime Day, Amazon’s annual two-day shopping event, is famous for offering major discounts across all categories—and that includes automotive accessories, garage gear, tools, and more for the car and truck enthusiast. Prime Day 2023 takes place on Tuesday and Wednesday, July 11-12. There is a slew of automotive products, tools, and car gear deals you can take advantage of right now. We’ve listed our favorites below, along with some answers to FAQs about how car enthusiasts can secure Prime Day savings. Automotive, Car, Truck, and Tool Deals You Can Score Right Now at Amazon Avid Power Cordless Tire Inflator/Air Compressor…

Automotive Deals

GM signs a deal with an Australian company to boost the EV supply chain

July 3, 2023

“The E25 facility will build in Louisiana is significant because it is expected [to] be the first plant in the United States to produce battery-grade manganese sulfate, a key component of cathode active material, which helps improve EV battery cell costs.” The Louisiana site is expected to be 230,000 square feet, with work to prepare the site slated to start in the third quarter. “GM’s support does more than accelerate our expansion in the United States,” Justin Brown, Element 25’s managing director, said in a statement. “Together, we are creating a resilient and sustainable North American supply chain that will…

Automotive Deals

General Motors Stock (NYSE:GM): Supercharging the Auto Race with New Deals

June 19, 2023

General Motors (NYSE:GM), one of the world’s oldest and largest automakers, is supercharging the automotive race with newer partnerships and investments. Yesterday, GM announced a pact with rival electric vehicle (EV) maker Tesla (NASDAQ:TSLA) that would allow GM EV drivers to use Tesla’s supercharger network. At the same time, GM announced an investment of over $500 million in the Texas plant to produce next-gen internal combustion engines (ICE)-based full-size sport utility vehicles (SUVs). Following the news, GM stock rose more than 3.8% in extended trading on June 8. GM Leverages Tesla’s Superchargers General Motors CEO Mary Barra and Tesla CEO…

Automotive Deals

Ford’s CATL deal in Michigan questioned by Missouri Rep. Jason Smith

April 26, 2023

WASHINGTON — US Rep. Jason Smith, R-Mo., is seeking more information from Ford Motor Co. about the automaker’s deal with China’s Contemporary Amperex Technology Co. Ltd. to use its technology at a planned $3.5 billion battery plant in Michigan. In a letter sent Monday to Ford CEO Jim Farley, Smith raised concerns over whether the arrangement leans on a “loophole” in the electric vehicle tax credit’s battery component sourcing requirements and goes against the law’s intent of US energy security and reducing dependence on foreign adversaries such as China for battery materials and manufacturing. “This arrangement appears to leverage a…

Automotive Deals

Car Rental Companies Expanding Again, Leading to Spring Deals

March 28, 2023

Young whippersnappers might not remember that you didn’t always have to take out a loan to rent a car for the weekend. Thankfully, after the pandemic years, prices are coming down, and there are even deals to be had. Signs that the rental-car industry is turning around can be found in recent expansion announcements, both about new cars being added to fleets and more rental counters in more locations. We found some deals from Sixt, Hertz, and Avis in case you’re looking for temporary wheels soon. The rental-car world is shifting back to normal, sort of. These past few years…

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