Stellantis Lost $26.3 Billion on EVs Nobody Wanted: Jeep and Ram Parent Company's Historic Failure
Stellantis posted a historic $26.3 billion loss in 2025 after canceling Ram, Jeep, and Alfa Romeo EV projects. The Jeep and Ram parent company discontinued all plug-in hybrids, brought back V8 engines, and left UAW workers with $0 profit sharing for the first time since 2011. CEO admits "over-estimating the pace of the energy transition" as company pivots back to combustion engines.
K-Shaped Car Market: Rich Buyers Push Prices to $50K While Working Class Gets Shut Out
The K-shaped economy hits the car market: wealthy buyers snap up $60K-80K luxury SUVs with 0% financing while working-class shoppers get priced out entirely. Bank of America data shows high-income households thrive as lower-income buyers face 9%+ rates, longer loans, and vanishing affordable options. Average new car price: $49,191. Cheapest available: $22,000. Two Americas, two car markets.
No New Cars Under $20,000 in 2026: The Last Affordable Models Just Disappeared
The sub-$20,000 new car is extinct. Zero models remain in 2026 after Nissan discontinued the Versa - down from 17 options in 2020. Average new car price hit $49,191 in January. The Kia K4 at $22,000 is now America's cheapest new car. Industry economists say $30,000 is the new affordability threshold, leaving first-time buyers and budget shoppers with vanishing options.
Millennials in Their 30s Hit Hardest: Car Payments Up 60% Since 2019 While Starting Families
Millennials in their 30s face a 60% jump in car payments since 2019 - the biggest increase of any age group. Bank of America data reveals younger millennials forming families are hit hardest by rising car costs, with new vehicles up 22% and used cars up 30%. Real stories of families forced to choose between reliable transportation and other essentials.
1 in 5 Americans Now Pay Over $1,000 Monthly for Cars: The Affordability Crisis Explained
20% of Americans now pay over $1,000 monthly for car loans - a record high. Average new car payments hit $772 with $50,000 price tags and 6.7% interest rates. Real stories of families trapped in debt, plus practical advice on avoiding the affordability crisis.
Lease vs Buy: What Will Actually Save You Money in 2026?
Leasing isn't a scam, and buying isn't always smarter. It's about matching the choice to your actual driving habits and financial goals. Low mileage, frequent upgrades, business tax benefits? Lease. High mileage, long-term ownership, building equity? Buy.
Hybrid Car Sales Surge 60% in 2026 While EVs Drop 30%: What Changed
Three things happened at once. The $7,500 federal EV tax credit expired in late 2025. Gas prices stayed high enough to make fuel economy matter. And charging infrastructure, while improving, still makes people nervous about road trips.
Used Car Market 2026: How the Off-Lease Wave Is Creating the Best Buying Opportunity in Years
The window won't stay open indefinitely. As this inventory wave gets absorbed over the next year, prices will stabilize and selection will thin. The buyers who move in 2026 will look back at this market the same way people who bought houses in 2012 look at real estate now.
Electric or Gas in 2026: What Should You Choose?
The bottom line is that EVs aren't inherently better or worse than gas vehicles - they're different. The question isn't whether EVs are good. The question is whether an EV fits your specific lifestyle and driving patterns.
A Simple, Step-by-Step Way to Buy the Right Car
You shouldn’t have to learn a new vocabulary, compare dozens of trims, or worry that you’re missing something important.
The Real Cost of Buying the Wrong Car
Most people don’t buy the wrong car on purpose. They buy a car that looked great online. Or one a friend loved. Or one that felt fine on a 10-minute test drive. And then - months later - it starts to feel like a mistake.