Buying a luxury car? Your gas and EV options cost about the same. Otherwise, expect to pay nearly $16,000 more to go electric.

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Mercedes-Benz EQB.
Mercedes-Benz EQB.

Mercedes-Benz

Striking auto workers target 38 new GM and Stellantis plants as strike enters second week

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UAW union auto workers hold signs at rally outside of Stellantis' headquarters
United Auto Workers members and supporters rally at the Stellantis North America headquarters on September 20, 2023 in Auburn Hills, Michigan.

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Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make

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Mary Barra speaking at a podium with the General Motors logo.
General Motors CEO Mary Barra's 2022 compensation was worth $28.98 million. It would take a GM worker 362 years to earn that much.

Aly Song/Reuters

The UAW doesn't have to strike at every automaker or factory to shut down most of the auto industry

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UAW strike
Members of the UAW last went on strike in 2019.

Reuters

Car deals just came back, but they will dry up if auto workers go on strike

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UAW strike
The United Auto Workers union last went on strike at General Motors in 2019.

Reuters

I'm a personal finance expert. These are the most common mistakes car buyers make.

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A woman in a white blouse and dark skirt smiles for a headshot.
Stefanie O'Connell Rodriguez says many car buyers overlook ownership costs like maintenance and insurance.

Stefanie O'Connell Rodriguez

Auto workers want 40% pay increases. Analysts worry that will drive up car prices and make it harder for Ford, GM, and Stellantis to compete with Tesla.

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Ford cars
If automakers have to pay more for their labor, they might pass on increased costs to consumers, analysts fear.

Eric Thayer/Getty Images

EVs are the only cars you can get a deal on right now

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Tesla vehicles plugged in and charging at a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016.
Tesla vehicles plugged in and charging at a Supercharger rapid battery charging station.

Smith Collection/Gado/Getty Images

Tesla won't kill car dealerships, but it will force them to change

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ford dealership
Some automakers are hinting they want to cut dealers out of the sales process, but that's not so easy. There may be a happy medium.

Peter Dench/Getty Images

Texas has one of the cheapest gas taxes in the US— and now some of the highest fees for electric cars

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Teslas charging
EV drivers don't need gas and don't pay gas taxes. But politicians want them to pay their fair share of road repair fees one way or another.

Robert Knopes/UCG/Universal Images Group via Getty Images

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