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Car Loan Values Plummet, Everyone Underwater | Giga Gears

Every year, the price of a new car ticks ever upwards. Loans get longer, yet monthly payments are always on the rise, leading to an epidemic of folks underwater on their loans. Now, there’s a new complicating factor: Used car prices are falling, meaning folks are getting less for their over-leveraged trade than ever.

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“Japanese Ford Telstar: A Mazda in Disguise | Giga Gears”

Seeing cars made for other markets around the world can be strange, especially if it’s a nameplate that’s sold in the U.S. Things can get weirder if it’s a familiar brand that’s selling something that you’ve never heard of. I came across a machine on Cars & Bids that fit that exact description: the Ford Telstar.

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“End the Chicken Tax Now | Giga Gears”

The Chicken Tax has been around since 1963, pushing a crushing 25 percent tariff on imports of potato starch, brandy, dextrose, and light trucks and vans. I don’t know much about potato starch, brandy, or dextrose, but the light trucks and vans part of the law was intended as a middle finger to Germany’s Volkswagen.…

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“Top Ford Models Not Sold in U.S.”

Americans have unique desires and needs when it comes to our cars, and Ford is as American as apple pie, but the blue oval has produced incredible cars for many countries that we’ve had to admire from our shores. As much as we’ve had American Fords facilitating memories for countless American families throughout the…

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Chinese Car Fears Reach White House | Giga Gears

Good morning! It’s Thursday, February 29, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

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