Cheap, new cars are vanishing — but these models still start under $25,000

Tech Insider : Business, Sports
A row of lights, each decorated with vertical banners, lines a car dealership lot.
The average transaction price for a new car has rocketed past $50,000 again.

Bloomberg/Getty Images

Automakers are teaming up, speeding up, and hoping AI can help them down a tough road ahead

Tech Insider : Business
A yellow Chevy Corvette EV on the left and Ben Shimkus, a Business Insider reporter, on the right.
The New York International Auto Show is America's most-popular car exhibition. This year, the event's biggest update wasn't a new model: it's how all carmakers are using AI.

Ben Shimkus & Bryan Erickson/Business Insider

Volvo's new EX60 electric SUV promises to 'end range anxiety' — and is built with Nvidia and Google tech

Tech Insider : Business, Style, Technology
A modern light green Volvo drives on a dirt road through the forest.
Volvo has unveiled the EX60, its longest-range electric vehicle. It's the latest European luxury brand that's rolling out its third-generation EVs.

Volvo

These EVs are set to become a lot more expensive under Trump's 'Big Beautiful Bill'

Tech Insider : Business
Tesla Model 3 and Model Y
Tesla's Model Y and 3, two of the best-selling EVs in the US, are among the vehicles that qualify for the tax credit.

Martin Berry/UCG/Universal Images Group via Getty Images

Lamborghini CEO explains why its new hybrid supercar is such a big deal for the legendary brand

Tech Insider
The front end of a blue Lamborghini Temerario hybrid supercar parked on a white platform in front of a sign that reads
The Lamborghini Temerario at Monterey Car Week 2024.

Lamborghini

Buying a new car could cost you $7,600 a year on top of the sticker price, nearly double a decade ago

Tech Insider : Economy
A mother pumping gas into a car.
Gas is just one of the costs of owning a car.

Shannon Fagan/Getty Images

Americans could save $3.4 billion through a new rule preventing 'exploitative' fees when buying a new car, the FTC says

Tech Insider : Economy, Politics, Economy
Federal Trade Commission Chair Lina Khan prepares to testify before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023 in Washington, DC. The
Federal Trade Commission Chair Lina Khan prepares to testify before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023 in Washington, DC.

Chip Somodevilla/Getty Images

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