Why car insurance costs are skyrocketing, leading to higher inflation

RobertCrum | Getty ImagesDETROIT – Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs for U.S. vehicle owners.On a monthly basis, car insurance prices as part of the consumer price index rose by by...

Read more...

Toyota weighing electric, plug-in Tacoma and Tundra pickups

2024 Toyota Tacoma TrailhunterToyotaNEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups.Jack Hollis, executive vice president of Toyota Motor North America, said the Japanese automaker is assessing its options...

Read more...

Hyundai may add hybrid production to $7.6 billion Georgia plant

Hyundai CEO Jae Hoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto ShowMichael Wayland | CNBCNEW YORK – Hyundai Motor is reevaluating its plans to exclusively produce all-electric vehicles at a new plant under construction in Georgia, an...

Read more...