Underwater car trade-ins climb to highest level since 2021
On the Dash:
About 26.6% of new car trade-ins were underwater in Q2 2025, the highest in four years.
The average negative equity on these loans was $6,754, with 23.4%...
TSLA327.3505.27%
GM88.3100.63%
F14.240-0.19%
RIVN15.7600.405%
CYD48.1201.63%
HMC30.1200.52%
TM189.1703%
CVNA68.0301.9%
PAG219.0501.55%
LAD370.990-6.92%
AN215.6000.17%
GPI285.880-6.26%
ABG222.850-5.12%
SAH88.2701.04%
TSLA327.3505.27%
GM88.3100.63%
F14.240-0.19%
RIVN15.7600.405%
CYD48.1201.63%
HMC30.1200.52%
TM189.1703%
CVNA68.0301.9%
PAG219.0501.55%
LAD370.990-6.92%
AN215.6000.17%
GPI285.880-6.26%
ABG222.850-5.12%
SAH88.2701.04%
TSLA327.3505.27%
GM88.3100.63%
F14.240-0.19%
RIVN15.7600.405%
CYD48.1201.63%
HMC30.1200.52%
TM189.1703%
CVNA68.0301.9%
PAG219.0501.55%
LAD370.990-6.92%
AN215.6000.17%
GPI285.880-6.26%
ABG222.850-5.12%
SAH88.2701.04%
Headlines
Toyota Alabama invests $4.2M in Huntsville STEM education through Driving Possibilities
On the Dash:
Toyota Alabama is investing up to $4.2 million in Huntsville City Schools through Driving Possibilities, bringing its total local STEM funding to nearly $11 million.
The initiative...
GM closes Michigan engineering center after two Legionnaires’ cases
On the Dash:
GM closed its Cole Engineering Center in Warren, Michigan, through Sept. 22 after two employees tested positive for Legionnaires’ disease.
The facility, which employs about 10,000 people,...
Ford recalls 102K US vehicles over door trim defect
On the Dash:
Ford is recalling 101,944 2016–2019 Taurus sedans due to a B-pillar trim defect that could detach while driving.
The defect affects only about 1% of the recalled...
Jonathan Morrison confirmed to lead NHTSA, tackles Tesla safety probes
On the Dash:
The U.S. Department of Transportation has appointed Jonathan Morrison as the chief of NHTSA, finally filling a three-year leadership void at the agency.
Morrison inherits ongoing safety...
Wholesale used-vehicle prices edge higher in early September
On the Dash:
Wholesale used-vehicle prices rose 0.3% in early September, outperforming typical seasonal declines.
EV values remain strong with a 5.5% year-over-year gain, while non-EVs increased just 1.4%.
Consumer...
Carney, Sheinbaum meet without Trump ahead of USMCA review
On the Dash:
Canada and Mexico are meeting to strengthen economic and security ties ahead of the USMCA review.
The visit aims to rebuild trust and coordinate on trade, infrastructure,...
Volkswagen makes final contract offer to UAW workers in Tennessee
On the Dash:
Volkswagen is offering a 5% immediate pay increase and 3%–6% annual raises over four years, potentially increasing top hourly wages to nearly $80,000 by 2026.
The Chattanooga...
Fed cuts rates, signals two more before year-end
On the Dash:
The Fed cut its benchmark rate by 0.25 percentage points to 4.00%-4.25% and signaled two more cuts before year-end.
Weakening labor market conditions, rather than inflation, are...
GM in talks to renew China venture as market shows signs of recovery
On the Dash:
GM is negotiating to extend its joint venture with SAIC in China.
China sales are recovering, with growth for Buick, Cadillac, and Wuling.
Challenges remain, but GM...
