Key Points

• EV sales exceeded 300,000 units as per industry estimates, a 49.8 percent increase from the same period last year.
• EV outlook is looking grim as demand weakens, prices continue to fluctuate, and interest rates remain at alarmingly high levels.
• Reductions in EV investments and production slowdowns may have effects in 2024.

As reported by Cox Automotive, EV sales for the third quarter of 2023 have surpassed expectations, reaching a total of 313,086 units sold. This equals a 49.8 percent increase from the same period in 2022. Volvo, Nissan, Mercedes, and Hyundai saw particularly larger gains, going well over 200 percent thanks to new EV models introduced. This has led to EV sales making up 7.9 percent of total industry sales in Q3, compared to 7.2 percent in Q2.

Tesla’s price-cut strategy has helped keep sales healthy, growing by 19.5 percent year-over-year. However, its market share has plunged to 50 percent compared to its leading 62 percent in Q1 this year. Competition is ramping up as Rivian, Ford, Chevrolet, and other EV makers introduce newer EVs to the market.

That being said, alarm bells are being rung over an impending slowdown in EV sales, fueled by continuing economic uncertainties, elevated auto loan rates, and weakening demand. Could the EV outlook be looking rocky in the lead-up to 2024?

Heading for Dire Straits?

A number of automakers have expressed concerns over this potential problem as they see weakening sales and revenues across the board. Ford and GM – still reeling from the UAW strikes – have taken steps to slow down EV production, while Tesla CEO Elon Musk is worried about the “high interest rate environment that we’re in” and how it will prevent consumers from buying an EV.

“People hesitate to buy a new car if there’s uncertainty in the economy… I don’t want to be going into top speed into uncertainty… [People] simply can’t afford [a car].”

Elon Musk, Tesla CEO

This slowdown has also caused raw material prices to soften, with lithium prices decreasing 67 percent while cobalt metal tumbled 20 percent this year. Meanwhile, other automakers have adjusted their expectations for Q4 as profit margins in Q3 weakened: Volkswagen was one such party, blaming the “negative effects for raw material hedges at the end of the third quarter.”

It’s a similar situation for other companies closely tied to the auto industry.

“Shares of Japan’s Nidec logged their biggest decline in a decade and a half on Tuesday, tumbling more than 10% on investor concerns over the motor manufacturer’s prospects in an increasingly tough Chinese market for EVs. The Japanese motor manufacturer now expects a 15 billion yen ($100 million) full-year loss at its key e-axle business [motors, gears and power-control electronics], rather than the profit it had previously seen.”

Reuters

Even CATL, the world’s biggest EV battery maker, is facing tough competition as its market share shrinks due to “smaller rivals and weakening demand” in China. Its closest competitors have slashed prices to draw in demand and have enjoyed accelerated growth over CATL, forcing CATL to follow suit “to secure its market share.”

While Tesla did pave the way with its surprising price cuts – which inevitably started a price war between rival automakers in order to secure consumer demand – this strategy won’t hold up for much longer if affordability issues continue. There’s still worry over the possibility of another interest rate hike before the end of 2023, and as it is, consumers are tightening their purse strings to be able to afford daily necessities over a new vehicle.

There are other motivating factors for this weakening EV outlook, as well.

• While EV sales have increased, much of it is driven by buyers looking to acquire an EV. Despite attractive incentives and the EV tax credits introduced with the 2022 Inflation Reduction Act (IRA), there’s still a majority of car owners who aren’t as convinced about EVs as a whole. Some dealerships have already complained that their EV supply has been sitting dormant for a long period of time.
• It will still take some convincing to get future car buyers to invest in an EV. Apart from the cost factor, much of it has to do with little awareness of the benefits an EV provides, the perceived high cost of maintenance, or a lack of EV infrastructure, such as charging stations. There are also car owners who prefer conventional internal combustion engine (ICE) vehicles.
• Despite some normalization in car prices, EVs are still expensive compared to ICE vehicles. The average transaction price for a BEV (battery electric vehicle) in September was $50,683, while the average used EV price is around $37,040 as of September. Used prices have dropped somewhat, but increasingly costly auto loan repayments are making it hard for potential buyers to commit.
• About 30 percent of used EVs “qualify for a $4,000 clean vehicle credit,” per Recurrent Auto, a used EV buy-and-sell platform. Per their research, more used EVs have been sold throughout 2023 than new ones – with the exceptions being the Tesla Model 3 and Y.

• A lot of investments have been made in order to drive new EV growth, including the construction of new factories and battery plants, and that is reflected in the current pricing of EVs. Is it unsustainable? We definitely think so. Price cuts have helped ameliorate the problem somewhat, but the slowing demand is inescapable.

An End to the Strike?

The UAW approved a tentative deal with Ford on Sunday, which provides a “pay hike of at least 30 [percent] for full-time workers and could more than double pay for others.” Ford’s olive branch is a potential sign that the strikes may finally come to an end. Besides that, there’s more good news for UAW members:

“In addition to the general wage hike, [UAW President Shawn] Fain said the lowest-paid temporary workers would see raises of more than 150 [percent] over the contract term and employees would reach top pay after three years. The union also won the right to strike over future plant closures…”

Reuters

In the wake of this announcement, the UAW has asked its striking members with Ford to “return to their jobs during the ratification process,” allowing Ford to resume production of its various models. Just recently, Stellantis has also reached a tentative deal with similar terms as Ford’s. While this does put pressure on GM, it does give both Ford and Stellantis some much-needed relief to get their EV production back on track.

Per the Anderson Economic Group, the “total economic loss” caused by the strikes has gone as high as $9.3 billion, a substantial sum in lost potential revenue. There’s still an opportunity to be had with what comes after the deal, but how much of an effect it’ll have – as well as what Ford may have in mind – on EV sales as a whole remains to be seen.

The Detroit Three has had fluctuating inventory levels during the strikes: Chevrolet and Cadillac inventories were below the industry average of 62 (indicating fairly good sales), while Ford hovered at 90 days’ supply (DS) in mid-October. Meanwhile, Stellantis’ brands were all “well above 100 days’ supply.”

The combination of the strikes and the slowing EV demand has also forced the Detroit Three to reduce their production capabilities, even as inventories are slowly improving. Still, Cox Automotive expects that new vehicle sales for October will still see some strength, with a seasonally adjusted annual rate (SAAR) of 15.8 million units, up from last month’s 15.7 million figure.

In the meantime, Ford has already postponed numerous investments, including slowing down the “construction of one of two joint-venture battery plants with South Korean manufacturer SK On.” GM and Stellantis have also moderated EV growth plans going forward.

“Given the dynamic EV environment, we are being judicious about our production and adjusting future capacity to better match market demand.”

John Lawler, Ford CFO

2024 might not see positive growth in EV demand if current economic trends continue, but it’s still a little too early to say if that will be the case. A moderating EV outlook could potentially bring good news as adoption slowly increases with growing awareness and improving infrastructure, on top of inventory returning to healthy levels and more incentives to make buying an EV a lot more tempting.

The post EV Outlook Murky with Global Economic Uncertainties – 30 October 2023 first appeared on VinFreeCheck and is written by Calvyn Ee

How We Rate Cars

Appearance

These V12 cars really steal the spotlight with various aesthetic choices, from regal-like stylings to luxurious interiors and beyond.

Performance

V12 engines give drivers an intriguing balance of performance power and refined comfort. This is accentuated by solid handling that pushes the car’s performance even further.

Features

Many of these powerful cars have their fair share of unique offerings that are sure to impress, from high-tech features to advanced safety aids.

Admire the Extravagance of the Best V12 Cars Available Today

2023 Aston Martin DBS (from $333,686)

The DBS is a true masterclass in power and class, with its refined appearance and exquisite cabin. It sports a 5.2-liter twin-turbocharged V-12 engine which, in its base form, churns out an amazing 715 hp and 664 lb-ft of torque; the 770 Ultimate models – the highest trim – offer a more potent engine with extra horsepower. This wildcat of a car is able to sprint to 60mph in only 3.5 seconds, offering an exhilarating taste of its incredible agility. It also handles very well, even when navigating corners, helped greatly by its sharp and accurate steering, though it is a little on the heavy side. Transmission tuning feels like it could be better, as it feels a little lacking in terms of responsiveness. Even so, you’ll still be blazing a trail once you’ve gotten used to its charms. Variable drive modes also help to add more flavor to your drives, with Sports Plus mode sharpening its senses to offer up a zesty drive that’ll have you wanting more. Let’s not also forget how grand the DBS looks on the inside and outside. Truly a finely crafted masterpiece!

2023 Ferrari 812 GTS (from $433,765)

Equipped with a refined 6.5-liter V12 delivering 789hp and 530 lb-ft of torque (paired with a competent seven-speed dual-clutch automatic), the Ferrari 812 GTS convertible is another extravagant sports car that easily duals as a luxury city runner and a blisteringly fast sports car. Get behind the wheel of this charmer, and you can easily hit 60 in just 3 seconds or less, given its Superfast heritage and impressive engineering. It’s also capable of hitting a top speed of 211mph, with a rousing engine wail as you take it to higher speeds. Even with all that power ready to be unleashed, the 812 GTS is still able to be handled with incredible finesse that it almost feels impossible. The ease of its drivability is a little daunting at first, but once you ease into it, it’ll feel like second nature. Even when you’re driving within the speed limits, something about the 812 GTS feels so sublime. And when you do put the pedal to the metal, it almost feels like a transcendental experience. The noise the V12 makes will also liven up the car enthusiast in you; what’s more, the existence of a “noise window” is just proof of that – even when the hard top is on, you can lower the rear screen so you can appreciate the beauty of the music the engine makes.

2023 Mercedes-Maybach S680 4Matic (from $230,150)

This grand vehicle is part of Mercedes-Maybach’s luxurious S-class lineup, being the highest trim available to buyers (if you don’t consider the two limited edition models introduced later). It sports the 6.0-liter V12 that makes a formidable 621hp and 664 lb-ft of torque, lending it a 0-60 time of 4.5 seconds or so. It may not be as blindingly fast as the previous two V12 cars, but the S680 can still go fast when it needs to. The V12 might not be there to lend true racing power to the car, but it still complies with adding smoothness and effortless power delivery. Mode presets are also available to tune out your rides even further while still emphasizing maximum comfort and quietness. There’s also the opulent ride quality to be had as well, as well as standard air suspension and active sound cancellation to make for an incredibly cozy and quiet ride. What the S680 might lack in the speed department, it more than makes up with its pure lavishness on the inside. The near-silent cabin is a shocking bonus, ensuring that you’ll be riding in style without all the frustrations of noise pollution on the road.

2022 BMW M760i (MSRP: $158,795)

It’s quite a shame that BMW retired the use of V12 engines; the 2022 BMW M760i (with the xDrive all-wheel drive system) is the last Bimmer to make use of the vaunted engine. Packing a twin-turbo V12 that makes 601hp and 627 lb-ft of torque, the M760i races from 0 to 60 in an astonishing 3.7 seconds or so – for something this big and heavy, you’d never expect it’d be able to sprint. There’s the same feeling you get driving this bad boy as when you’re driving the 812 GTS: blindingly fast? Absolutely. Feelings of mortal danger when you’re pushing it hard? Quite so. But the luxe interiors of the M760i almost make it a little more pronounced, especially when you’re wrapped up in its comfortable seats and near-quiet cabin. At the very least, you’re still getting a good deal from driving it: a smooth-shifting eight-speed automatic transmission, great maneuverability with the xDrive system, variable drive modes, and a compliant ride that absorbs most road imperfections (as long as you’re not plowing down the road at top speed). The host of tech features, including advanced safety aids, also adds bonus points to its score.

1994 McLaren F1 (from $1.0 million)

It might not be the newest, nor is it easy to get, but there are good reasons why we’re suggesting this mighty supercar in the first place. First of all, the normally aspirated, 6.1-liter V12 puts out 618hp and 479 lb-ft of torque. It might not seem like much today, but in its prime, it could outpace nearly every sports car in existence. Even today, it’s still no slouch, giving even the newest supercars a run for their money. Then, there’s the 240mph top speed that it boasts; this is the car that won the 1995 LeMans race, even if it was in its GTR variant built for racing. It nonetheless took a long time before other supercars could even hope to surpass the McLaren F1’s top speed. And, of course, there’s the whole driving aspect to it. Many a reviewer have praised it for the immense acceleration and sheer fun (and partial terror) of driving it around a track; one reviewer even said that Mars could be reached in the F1. Everything about the F1 was built with pinpoint precision, a testament to the marvelous capabilities of its engineers – especially its principal designer, Gordon Murray. If you ever had the opportunity to take one for a spin, even if it’s only for a while, you should take it; it’ll be worth the time spent.

Have the Time of Your Life with a V12 Car

V12 cars are becoming a rarer sight as we transition to an EV landscape, but you’ll still be able to find a few V12 cars up for sale in various places. We’ve also covered the cheapest V12 cars you can find in the auto market, which may help you identify a great V12 car to go with. Given that the featured models here can go for some ridiculous prices, you’d do well to save up for something that’s more within your reach – especially since auto loan rates are still at their highest levels in a long while.

Be sure that you take extra precautions if you’re looking to buy a used V12 car. Make sure you have a vehicle history report in your hands before you go used car shopping. The report gives you comprehensive records of a particular car’s usage for all of its previous (and even current) owners. You’ll have vehicle specifications, odometer readings, and even accident records and salvage titles. You’ll be able to spot possible red flags in a deal – say, mismatched odometer readings – and lodge a report to the authorities. Don’t put your finances and peace of mind at risk: get a vehicle history report today!

The post 5 of the Best V12 Cars You Need to Check Out Now [2023] first appeared on VinFreeCheck and is written by Calvyn Ee

How We Rate Cars

Reliability

We make a point to get feedback from current and previous drivers and ratings from reliable sources like Consumer Reports and CarMD for each car we feature.

You should note that some of these older models may need a little extra work (and cash) to get them to look (and drive) their best. The estimated price point will give you some leeway to get a good deal, but we can’t account for how much you’ll need to spend on maintenance, upgrading, and so forth.

Appearance

Both new and used V12 cars can steal the spotlight with various aesthetic choices

Performance

V12 engines give drivers an intriguing balance of performance power and refined comfort. This is accentuated by solid handling that pushes the car’s performance even further.

Features

Many of these classic cars have their fair share of unique offerings that are sure to impress.

Go All Out with the Cheapest V12 Cars On the Market

1994 Jaguar XJS

An old-school symbol of cool, the ’94 Jaguar XJS (previously the XJ-S) is a bold choice for a V12 car of your own. While the 3.6-litre 24-valve AJ6 straight-six engine is a masterpiece, the 6.0-liter V12 still packs a mean 278hp and 334 lb-ft of torque which, coupled with an automatic transmission, delivers an awesome drive from start to finish. The V12 engine is a little finicky, so it will need some diligent maintenance work to get it up in shape. But once it’s up to snuff, the XJS easily delivers a fantastic show with you in the driver’s seat. Despite its rather imposing size, the XJS handles impeccably well, helped by very responsive steering and well-crafted engineering. It might not be as agile as modern-day sports cars, but the XJS is no slouch. It’s also a relatively quiet engine, so your mileage may vary if you’re used to the guttural growls of a V6 or V8.

2002 Mercedes-Benz S600

Not only was this a great luxury car in its time, but its 6.0-liter V12 offered plentiful performance power that made it capable of hitting 60 from 0 in only 5 seconds; 389 hp and 420 lb-ft of torque is still a great deal of power at your command even today. Once you hit top speed, you’ll barely hear the engine howling! The four-speed automatic transmission also does a good job with gear shifts, working in tandem with the rest of the S600 to deliver blistering fast performance and a comfy ride from start to finish. Ride quality isn’t always consistent, especially if you hit a pothole, but it’s still fairly decent. On top of that, the S600 is packed with a great deal of technological goodies that were innovative and ground-breaking at launch. Aided by strong brakes and a semiactive suspension, along with a unique radar-assisted cruise control system, the S600 helped to push the boundaries of automotive tech; it’s also a big boon that the S600 is a refined luxury cruiser with all the posh bits and bobs that it comes with. You’ll be hard-pressed not to say no to one at a decent price!

2001 BMW 750iL

Part of the E38 generation of BMW’s 7-series, the 750iL is a worthy choice if you’re not that big a fan of other luxury cars of its class. No harm in that: the 750iL still possesses a 5.0-liter V12, with 322 hp and 362 lb-ft of torque at its beck and call. That allows it to hit a top speed of 155 mph while accelerating to 60 from rest in only 6 seconds or so. It might not be as blindingly fast as the S600, but it’s still a formidable road runner on its own. The existence of a Sports Mode switch makes it all the more appealing, with a quick transformation into a more athletic machine. The stiffer ride might not appeal to most drivers, however, so you might want to test it for yourself. Smooth power delivery and a modest ride in normal mode still earn it points for when you need to navigate city streets and winding corners; the five-speed Steptronic automatic transmission also holds itself very well even today. And as befitting a BMW, the luxurious trappings it has to offer are delightful. Nappa leather upholstery, a cozy Active Support feature for seats, and plenty of useful tech goodies to look forward to.

1998 Toyota Century

Built to mark the 100th anniversary of the birth of Toyota’s founder, the opulent Toyota Century can now be found within the US, and boy, is it another excellent choice for a V12 car. Being the first and only Japanese vehicle to mount a V12 engine, the 5.0-liter engine sports 272 hp and 282 lb-ft of torque; the Century is rated first and foremost a luxury cruiser – there’s a good reason why it’s considered the Rolls-Royce of Japan. The engine is powerful yet smooth and quiet, working in tandem with the standard and reliable 6-speed automatic transmission and a sublime air suspension to give passengers a very stately ride from start to finish. You can even find after-market performance parts to give the Century an upgrade, but even if you don’t, the Century is the closest you’ll get to a truly exquisite and prestigious car you can get your hands on for cheap. It’s also a great example of Toyota’s reliability shining through, as you’ll likely have just a few issues beyond some necessary component changes and interior fixes to get it roadworthy.

2006 Mercedes-Benz S65 AMG

The S65 AMG is one of the fastest V12-equipped Mercedes vehicles available, given that it’s a 6.0-liter twin-turbocharged V-12 producing a ludicrous 604 hp and 738 lb-ft of torque; the 4.2-second time it needs to get from 0 to 60 is a testament to that raw power at its beck and call. Push the pedal, and the engine comes to life with resounding agility. It’s also a well-engineered vehicle with its ability to confidently navigate turns and corners and its strong braking power that brings it to a controlled stop. The smooth-shifting five-speed automatic transmission is also worthy of praise, while the ride quality is nice but a little unsure of itself at times. Add to that the exquisiteness of driving a luxury car like this at a price tag that hovers between 25k to maybe 40k today, compared to the near 100k price tag it used to have in the past. Many of the luxe trappings you’ll find on the inside will still be as grand as ever, although some areas will need some care. The S65 AMG also has the unfortunate luck of being a less-than-reliable used luxury car to own, with a multitude of technical issues plaguing it. If you’re willing to work through these faults, you might be well-rewarded for the time, money, and effort.

An Acquisition Not To Be Missed

Owning a V12-engined car has always been a symbol of power, luxury, and exclusivity. While these cars are often associated with high price tags, these affordable options here are available for all you budget-conscious enthusiasts. It still pays to be careful when it comes to buying a used V12, even if it goes for cheap. The main concern of reliability means that unless the previous owners took great care of their vehicle, you might have to splurge on a host of repair and upgrade works to get your chosen V12 car into a roadworthy state. Is it really worth the investment? That really depends on you and your budget.

Moreover, you’ll also have to be on alert for potential scams lying in wait. A lucrative deal on a V12 car may actually be a trap that will cost you a great deal of money and your peace of mind. Avoid that by simply getting a vehicle history report beforehand. The report gives you comprehensive records of a particular car’s usage for all of its previous (and even current) owners. You can find vehicle specifications, odometer readings, and even accident records and salvage titles. You’ll be able to spot possible red flags in a deal – say, mismatched odometer readings – and lodge a report to the authorities. Don’t put your finances and peace of mind at risk: get a vehicle history report today!

The post The 5 Cheapest V12 Cars for When You’re on a Budget [2023] first appeared on VinFreeCheck and is written by Calvyn Ee

How We Rate Cars

Reliability

We make a point to get feedback from current and previous drivers and ratings from reliable sources like Consumer Reports and CarMD for each car we feature.

Appearance

Both new and used V8 cars can sport some great looks on the inside and outside, helping it to stand out from the competition.

Performance

V8 engines can provide an immense amount of performance power and that guttural growl it emits when you rev the engine. This is accentuated by solid handling that pushes its performance even further.

Features

You’ll find plenty of value and utility in what a car has to offer, from various creature comforts to important safety suites and more.

Hit the Road with the Best V8 Sedans Available

2023 Chevrolet Camaro LT1 (from $37,795)

No V8 list would be complete without the Chevrolet Camaro, not only for its breathtaking agility but also for its relatively generous price tag. The 6.2-liter V8 provides 455 hp and 455 lb-ft of torque, enough power to let it sizzle with high-speed cruises. If you can afford it, the 1LE Track Performance package can be a great addition for its various bonuses, such as a track-tuned suspension, an electronic limited-slip differential, Brembo brakes, and a thunderous dual-mode exhaust system. The Camaro also delivers a solid and well-balanced ride, especially when equipped with the 1LE package, granting you an impeccable drive at top speed while aided by marvelous engineering that puts a lively step in every part of your driving journey. It easily gives more luxurious sports sedans and cars a run for their money. It also offers a comfortable and stylish interior with many useful features, modern technology, and high-quality materials. The one downside is the small rear seating area and cargo room that’s barely enough for two luggage bags. If you’re not worried about those aspects, the Chevrolet Camaro LT1 might be your new favorite V8 sedan.

2023 Ford Mustang GT (from $39,720)

A great and affordable option available to you comes in the form of the Ford Mustang GT. The under-40k price tag may seem a little steep, but in comparison to some other V8 offerings, this is a pretty good deal. The 5.0-liter V-8 delivers 460 hp and 420 lb-ft of torque, enabling the Mustang to surge from 0 to 60 in only 4 seconds with the 10-speed automatic transmission. Coupled with the Performance package add-on, which adds some chassis tuning, a Torsen limited-slip differential, and strong Brembo front brakes, you’ll have a solid performer on the road. The 10-speed auto is a quick-shifting transmission that does sometimes stumble, while the six-speed manual offers more fun at the expense of a slight dip in speed. It’ll offer a good balance of fun and functionality for the discerning driver. While the interior has some premium bits and bobs to accentuate its muscular class, the rear seat and cargo areas are very much lackluster, so bear that in mind if you’re thinking of a practical but sporty V8 sedan to go with.

2023 Dodge Challenger R/T (from $42,900)

Step up in the price point and you might go for the beefy Dodge Challenger, with the 2023 model being the last to offer the mighty V8 engine. While the SRT trim and higher do offer far superior performance power, the R/T offers better, balanced performance that fits better on the roads you’ll be navigating. The 5.7-liter V8 under the hood has 372 hp and 400 lb-ft of torque on tap – less than the Mustang GT, but still delivering unbridled power once you put the pedal to the metal. They’re extremely comfortable road runners, too, with the immense interior space you have available. Still, that’s to be expected from a brawny muscle car like the Challenger, while also not lacking in cargo space with the 16.2 cubic feet of storage room. Moreover, the Challenger is capable of delivering a compliant ride that does a pretty decent job of absorbing road imperfections. The roar of the engine is also a less-than-subtle reminder that this beast is all but ready to rage down empty streets at your command.

2023 Lexus IS500 F Sport Performance (from $59,420)

For something with a little extra refinement, the Lexus IS500 F Sport Performance (what a mouthful) is an impressive machine with its 5.0-liter V-8 that provides 472 hp and 395 lb-ft of torque. The IS500 serves up plenty of exhilaration, what with its impressive 4.3-second run to 60 mph and sublime, Lexus-tuned handling. On top of that, the standard 6-speed automatic delivers fast and solid transmission upshifts and downshifts when you need it. The IS500 handles superbly, too, which makes a strong case for purchasing one despite the higher price point. Despite only being available in rear-wheel drive, the IS500 still handles with amazing confidence and competence. As befitting a Lexus, the cabin is beautifully adorned and features many creature comforts, but rear seats have limited leg real estate, while the trunk only affords 11 cubic feet of space. At least there’s a good deal of standard safety techs available to add some peace of mind. Considering its luxurious refinements and top-notch V8, the IS500 is worth the money.

2023 BMW M5 (from $111,895)

Exorbitant price tag aside, the M5 is an undisputed powerhouse with its magnificent twin-turbo 4.4-liter V8 engine. Boasting a whopping 600 hp and 553 lb-ft of torque, it impresses with not only its signature BMW good looks but an extraordinarily potent beast that easily goes from 0 to 60 in about 3.6 seconds or so. Beyond the engine’s potency, the M5 is also a deft car to drive, with hefty steering (though lacking in feedback), strong cornering, and great stopping power. There’s also the 6k Competition package that adds even more tuning and extra goodies to the M5: non-run-flat tires, increased horsepower to the engine, and various aesthetic add-ons. Stiff ride aside, the M5 is an incredible combination of elegance and speed in one sublime package. The cabin is well-decorated with synthetic leather and other luxe trimmings, while technological offerings are also astounding, including a powerful infotainment system and a great suite of safety aids. The M5 is definitely a worthy speed machine.

Looking for the Best V8 Sedan for Yourself?

Buying a V8 sedan shouldn’t have to leave you in the dust where budgets are concerned. The Chevy Camaro LT1 and Ford Mustang GT are great picks for value-oriented power, with their astounding V8s ready to rock. If the above-30k price point puts you at ill ease, there’s always a used model to consider. You may be able to find past-year models with a potent V8 engine at a good bargain. It will take a bit of searching to do, but it might just be worth the time spent. Just be mindful of possible scams lurking among the used deals you find!

Get yourself a vehicle history report for any used car that catches your eye. The report gives you comprehensive records of a car’s usage for each of its previous owners and even that of its current driver. You can find vehicle specifications, odometer readings, and even accident records and salvage titles. You’ll be able to spot possible red flags in a deal – say, mismatched odometer readings – and lodge a report to the authorities. Don’t put your finances and peace of mind at risk: get a vehicle history report today!

The post The 5 Best V8 Sedans of 2023 first appeared on VinFreeCheck and is written by Calvyn Ee

Key Points

• September saw promising auto performance despite the UAW strikes, but this might not carry over into October
• The UAW has expanded strikes to a new Ford plant, with a high likelihood the strikes will last longer than was initially expected
• Consumer spending is still fluctuating and may trend lower as they buckle up for the rough times ahead

Despite the UAW strike that’s still happening, it’s still too early to say how much of an impact it will have on the auto industry as a whole. September still saw promising auto sales as consumers are still spending, with light vehicle sales growing 13.9 percent year-over-year to hit a seasonally adjusted annualized rate (SAAR) of 15.7mm units. This would be slightly higher than expected, with estimates going between 15.3mm to 15.4mm units.

Once again, “strong growth of sales into fleet” helped spur new vehicle sales, marked by a 26 percent increase in sales of large fleets – that’s 154,400 units sold. Fleet market share dropped to 13.8 percent from August’s 15.6 percent but was still slightly higher than last year.

Total inventory at the end of September went up by 137,000 units since the end of August to hit approximately 2.06 million units. Half of the month-over-month increase is attributed to Japanese automakers, with an increase of 72,000 units, while Ford saw an increase of 42,000 units. Comparably, both GM and Stellantis paled in comparison: GM’s inventory was flat, while Stellantis only went up by about 6,000 units. On a days’ supply (DS) basis, inventory stood at 42DS, 3 days higher month-over-month.

Inventories for most domestic brands – particularly the Detroit Three – were still trending high in September, while Cadillac and Chevrolet continue to have inventory levels below the industry average: Cadillac stands at 46DS while Chevrolet is at 57DS. Meanwhile, Honda, Toyota, and Kia continue to have the lowest inventory levels in the low-to-mid 30s.

The average transaction price (ATP) for a new vehicle reached $47,899 in September, per Kelley Blue Book, a reduction of $360 from the previous year. Non-luxury vehicle prices went up slightly year-over-year but were down $82 from August. Luxury vehicle prices decreased by $873 from August, driven by Tesla’s aggressive price cut strategy.

Meanwhile, the average listing price of a new vehicle currently stands at $47,397, 3 percent higher than the same period last year. For used cars, the average listing price hovers at $26,717; while slightly higher than it was in August, it’s still 5 percent lower than prices in 2022.

Auto loan availability was also in good shape in September, even though it trended lower to 97.1 in September from August’s 99.1. Credit availability remains mixed, with certified pre-owned (CPO) seeing the most tightening of all credit channels.

EV Sales Still Promising

As reported in Cox Automotive’s Industry Insights and Sales Forecast Call for Q3 2023, US EV penetration is still looking optimistic. The third quarter is set to see EV sales reach “an impressive 308,000 units,” accounting for 8 percent of total vehicle sales. Year-over-year, EV sales have surged over 80 percent and is likely to surpass the 1 million mark by year-end.

Tesla continues to be a significant force in the EV industry as it keeps outpacing the competition by a huge lead. Nonetheless, rival automakers are still introducing newer EV models; Tesla’s market share has dropped slightly year-over-year while its sales slowed in the third quarter, in part due to “planned downtimes for factory upgrades.”

In fact, EV sales growth has largely been benefiting from great supply and more choices available to consumers. As of July 1st this year, 15 new EV models were introduced, allowing consumers to pick from a value-oriented EV that fits their budgetary needs. Meanwhile, the current oversupply of EVs will largely continue into the new year: this does mean there’s more that needs to be sold to consumers, but the silver lining is that the surplus may help to lower prices and increase incentives, making them more attractive to buyers.

A lot of the gains seen in the industry are thanks to various tailwinds, including government policies, such as the Inflation Reduction Act (IRA) tax credits on EVs, various regulations, such as the California Air Resources Board, and plenty of incentives from dealers and/or automakers.

• More incentives through tax credits or rebates can help ease the financial impact of purchasing an EV. EV prices are still falling, fueled by Tesla’s aggressive price cut campaign, and that will largely benefit consumers in the long term, but this may be disproportionate among income groups
• Improving charging infrastructure may also help increase EV adoption, especially in areas where there’s limited charging infrastructure coverage
• Emissions regulations like those implemented by the California Air Resources Board and its various programs and regulatory actions
• Further promotion and education about the benefits of EVs and their positive impact on the environment may motivate some consumers to buy one

On the subject of pricing, EV prices have gone down 19 percent from over $65,000 last year. As of August, the average price paid for a new EV is $53,376 – down from July’s $53,633 figure. Tesla saw the greatest drop thus far, declining 19.5 percent in August on a year-over-year basis; their popular Model 3’s price decreased more than 21 percent year-over-year.

As we said earlier, the excess inventory situation has helped cut EV prices and increase incentives to consumers. On incentives, EVs are among the “highest in the inventory” at 65 percent above the industry average; recent data from Cox Automotive shows that incentives are about 8.1 percent of ATPs – a significant increase from last year’s paltry 1.6 percent figure.

An increase in EV leasing also showed promise, helped largely by a loophole in IRA tax credits when buyers lease an EV not made in North America. As of August, EV leasing was up 24 percent compared to 20 percent for all vehicle leasing. From December 2022 to August this year, EV leasing increased by 53 percent.

The UAW Impact

There’s still a great deal of uncertainty in spite of the gains we’ve seen in the auto industry, largely due to the long-term impact the UAW strikes will have as a whole. While the largest impact would not doubt be to the Detroit Three, especially if the UAW continues with targeted strikes to other locations, there could be both pros and cons to the industry as a whole. Alternatively, nothing really changes beyond the Detroit Three losing some profits.

Where the Detroit Three are languishing with factory shutdowns due to the strikes, other automakers stand to gain substantially. Demand for Detroit Three inventories will still be doing well in October but may be in trouble once supply starts to dwindle. Most of their inventories are hovering above 80DS except for Cadillac (46DS), Chevrolet (57DS), and GMC (63DS) – all in preparation for the strikes.

The most notable impact the strikes are having is the Detroit Three’s inability to manufacture new cars to meet consumer demand. With workers actively striking, the Detroit Three have collectively laid off approximately 5,000 or so auto workers, a move Ford claims is an “unfortunate result of the UAW’s strategy.” This is said to be far less than if the UAW had all its members walk out for the strike: the UAW’s adoption of a stand-up strike, where only certain union members at chosen locations would strike, may have had a hand in this.

The resulting drop in productivity will mean that the Detroit Three have to consider canceling orders with suppliers if the going gets tough. That can have profound “ripple effects” on the suppliers and their workforce. Suppliers will do their best to prevent layoffs from happening, partly in fear that they won’t be able to rehire, but if push comes to shove, they’ll have no other choice but to cut losses.

As it is, Ford has already canceled dealer stock orders of its 2023 F-150 Lightning as part of “additional quality checks” that were needed. Whether this is due to the UAW strikes or the battery issues plaguing the Lightning isn’t clear.

Once supply begins to reduce, the price drops we’ve seen (small though they were) may soon come to an end as the Detroit Three desperately hold on to their remaining inventories. This might not reflect on the rest of the auto industry, however, as other automakers are still having fairly good inventory levels. Over-performers like Honda and Toyota, however, remain tight to this day.

The supply chain disruptions will also affect repair shops, who are now worried this will drive down business. In an interview with CBS News, service manager Dave Peske of Wetmore’s Tire and Auto in Ferndale, Michigan, summarized the problem at hand: “If the dealers don’t have the parts, then the customers aren’t going to get their cars fixed.”

Now that the UAW has expanded the strikes to Ford’s Kentucky Truck Plant, it seems clear that the UAW will persist with the strikes until a fair deal can be reached with the Detroit Three. Just the previous week, an expansion of the strikes was averted when GM conceded to one of the UAW’s terms – that being “workers at [GM’s] future EV battery plants [will] be covered by the national labor agreement governing other UAW members at GM.”

In the meantime, Ford has criticized the UAW’s newest move, calling it “grossly irresponsible” while claiming that “Ford is the only automaker to add UAW jobs since the Great Recession.” Thus far, the strikes have caused the manufacturers an estimated $2.68 billion in losses, and that will gradually increase the longer it goes.

Heed the Warning Signs

Even as the UAW strikes go on, the fluctuating consumer spending situation may soon be coming to a head: prices continue to rise, inflation remains sticky, and higher inflation rates lead to more loan delinquencies, especially auto loans.

The strikes could still potentially impact car prices, with used cars being the first to be hit since dealers cannot charge above MSRPs, with some estimates suggesting prices can go up 10 percent if the strike lasts 40 days.

“We’ll likely start seeing the first signs of real impact in October and if disruption continues, the impacts will cascade into the used market as well.”

Jonathan Smoke, Chief Economist of Cox Automotive

Again, the Detroit Three’s losses can mean gains for its rivals, especially in the wake of Tesla’s aggressive price cuts that could possibly continue to regain its EV market share. While it’s quite unlikely, Tesla’s determination to boost sales has clearly been seen since the start of the year.

Car buyers will no doubt head out early to find the best deals before prices inextricably rise, and the option to go with used cars is looking a little more confident now that prices have normalized to an extent. Even so, the parts situation is also looking grim because of the strikes, which can be really bad news for car owners nationwide. Independent shops might fare well, but cars that require specific manufacturer-made parts may be in trouble if anything were to happen.

Just as concerning is that “auto loan debt has outpaced student loan debt,” according to Experian, the first time it’s happened since 2010. Experian found that “30-day delinquencies increased to 2.72% in the second quarter of 2023, surpassing pre-COVID levels.” This puts a significant number of car owners at risk of repossession if they’re unable to meet their financial obligations.

Waning consumer confidence is also indicative of consumers being more aware that times are tough and they’d have to do what they can to stretch their dollars. Consumer spending did see a minor increase in September, but whether that will carry over into October remains to be seen. So far, the signs are pointing toward more frugal spending patterns – which could mean waning future vehicle purchases.

The further tightening of auto loans by Teachers Federal Credit Union and GreenState Credit Union, on top of Ally Bank – a major auto loan player – laying off staff, are also indicators of tough times ahead for the auto industry as a whole. Tighter auto loans mean that car buyers will have a hard time getting financing, while staff reductions are pointing to weaker profitability as consumer spending shrinks.

And that’s just the tip of the iceberg.

The post Auto Outlook Cloudy Amidst UAW Strikes & Rising Interest Rates – 12 October 2023 first appeared on VinFreeCheck and is written by Calvyn Ee

Car Trim Levels

For the most part, each manufacturer has a varying number of car trim levels for each car model they sell. The Toyota Camry, for example, has 9 trim levels: 5 are for its gas-only version, while 4 are Camry Hybrids using the hybrid powertrain. The most affordable trim level is usually called the base or entry-level model/trim, typically offering minimal standard equipment to keep the price low. This could mean cloth seats, basic infotainment features, and front seats with limited adjustment functions.

Each car model usually has a set naming convention for each trim level, which is independently determined by car manufacturers. It doesn’t symbolize anything beyond an indicator of what car trim you’re buying. Think of them as marketing buzzwords, if you will. Common nomenclatures include letter pairings (like EX), letter and number combinations (such as ES 500), or words (like Limited Touring).

As you move up the “hierarchy” of car trim levels, you’ll find additional features and options until you reach the highest trim level with all the goodies you would want in a car.

What Makes the “Highest” Car Trim Model?

Generally, the highest car trim model differs from others by having most, if not all, of the advanced features a car model can have. This includes driver assistance technologies, differently tuned suspensions, or varied powertrain options but also adds various extras to enhance the car’s appearance, creature comforts that make for more comfortable rides, and other more subtle tweaks and changes.

In some cases, the highest car trim may be the same car model but sold as a separate vehicle with a number of upgraded specifications. Take the Cadillac CTS and CTS-V: both are the exact same model, but the CTS-V is Cadillac’s high-performance version of the CTS with plenty of extra bells and whistles, including a powerful V8 engine, to help it go faster than the regular CTS.

Trim-Specific Options & Packages

Some car trims are also entitled to specific optional, individual add-ons or packages to go with it, adding more utility or value to a car. These usually include sporty adornments to enhance the car’s exterior, tunings to the car’s suspension, and even additional creature comforts like a larger infotainment touchscreen.

Packages are usually the better pick since they come bundled with a myriad of options. You’ll usually see these marketed for specific purposes, with common examples including technology packages (consisting of infotainment upgrades and additional techs like safety features) and safety packages (only consisting of advanced driver assistance aids).

Base models usually don’t have any options or packages available to them. This is meant to incentivize you to buy a higher car trim to enjoy the features it provides. On the flip side, budget buyers are going to feel the pinch if there are features they want that are only available on higher trims. Of course, the other (and perhaps, more budget-friendly) alternative is to look at another car maker’s offerings.

Is the Highest Car Trim Worth the Price?

So when it comes to buying a car, would it really be worth getting the highest car trim available? Here are the key factors that influence the pricing of the highest car trim.

Performance

Some car trims will offer a wide range of powertrains for you to choose from, some of which are meant to deliver impressive speed and agility. Dodge and Chevrolet usually give buyers this option, with a choice of base four-cylinders, more powerful V6 engines, or their beefy V8 powerhouses. On top of engines, other performance options include various handling tune-ups (including the suspension, as we’ve already mentioned), automatic or manual transmissions, rear- or all-wheel drive capability, and even tires in different sizes.

In some cases, some higher car trims usually tune the car to be more of a performance machine than the lower trims. This can ultimately mean a big difference in a lot of aspects, including ride quality, wind and road noise, and even cabin space. Some sportier cars may drive like a champ but suffer from terrible ride quality that doesn’t absorb road imperfections well.

Appearance

The first thing any car buyer sees is the car’s exterior, and while it might not necessarily be the very first thing a buyer looks for (unless you’re a car enthusiast), it can still be a determining factor that a buyer picks that car. Higher trim levels may offer options or packages that give the car a bit of a facelift with various cosmetic additions to up the style of the vehicle. It’s not surprising to see premium paint jobs available on specific car trims, too.

Some of these appearance options can have more than an upgrade to a vehicle’s looks. With pickup trucks, you have various options for the truck bed that make the truck look bigger or meaner while adding extra utility with more space to stash stuff in the bed and extra goodies like power outlets for tools.

Cabin Features and Storage

The interior of a car is just as important as its exterior. You’d want well-padded seats, a decent climate control system, enough space to accommodate passengers in the rear (and third row if you picked an SUV), and plenty of cargo space. Most car trims will have varying levels of creature comforts added: you’ll commonly hear/read about rear climate controls, premium touches to the cabin’s materials, leather upholstery, and power-adjustable front seats – all of which add luxury and charm to an otherwise bland interior.

Convenience

Some car trims also offer convenience features that make it easier to access your car. You’ll commonly see this in the form of power liftgates for cargo and keyless entry for getting into your car quickly. There’s also Android Auto and Apple CarPlay, both of which integrate your smartphone into your vehicle and let you use your phone via the vehicle’s interfaces.

Speaking of which, a McKinsey survey conducted in September found that half of the car buyers they polled wouldn’t purchase a vehicle that didn’t have Apple CarPlay or Android Auto. Talk about convenience!

Technology

It isn’t just connectivity that car buyers are looking for: cars are packed with plenty of technologies that are now a common sight. We’ve already mentioned infotainment systems, which act as a radio and have integrated navigation capabilities, access to rearview or front-facing cameras, and many other functions. On higher trims, you’ll find options for larger screens and more advanced features available to you.

Safety Features

All car trims have mandatory safety features to give drivers peace of mind. On higher trims, some car models will have additional advanced safety features that help reduce the risk of accidents by augmenting driver awareness or mitigating risky situations. These may include surround-view cameras, advanced warning systems, and even semi-autonomous driving.

Automakers have varying degrees of standard safety equipment on their car models, with some being more well-equipped than others. For example, Toyota, Honda, and Hyundai always outfit a host of advanced driver assistance features in even their base model trims. This makes even the spartan base models a more appealing choice for more safety-conscious drivers. Meanwhile, Chevrolet’s safety suites can be lacking on all but the most expensive trim levels.

Additional Costs

While higher car trims have many features, available options and packages for specific trim levels add extra value in terms of improved performance, more creature comforts, or better utility. However, these options and packages incur an additional cost to your purchase – and it can feel like a rip-off when the highest car trim should have these extra features in the first place.

Packages usually add thousands of dollars to your total, which is usually justified by all the extra features you’re getting in the bundle. Some of these included options may cost substantially more than if you were to get them on their own. Nevertheless, some automakers do make perplexing choices with the kind of packages they offer, like Chevrolet and its decision to restrict many driver assistance features to pricey packages when most of these features are standard in their rivals’ car models.

Resale Value of Higher Car Trims

While higher car trims often come with a higher price tag, they also tend to retain their value better over time – more so if you take good care of it. If you look around the used car market, you can find recent year models in their highest car trim still fetching a good amount of cash. In some cases, the difference between a used model’s price and its MSRP can be as much as a few hundred, if not thousand, dollars.

If you plan on selling or trading in your car sometime in the future, opting for a higher trim level can result in a higher resale value. The short-term benefit is that you’ll be getting a decent sum from a successful sale, even if it may be slightly lower than when you first bought it.

Conclusion

When deciding whether to purchase the highest car trim model, it’s always crucial to consider your budget, preferences, and priorities. The highest car trim offers many advanced features and impressive creature comforts, but the higher cost can be a hefty tradeoff. This is even more apparent when you compare different cars from different automakers and see how different each car model’s trims can be. You’ll have to decide on what offers far more value you’re comfortable with for money.

Then there’s also the option of buying previous year models. While some of these older models might be lacking a few features, their highest car trim may be more within reach, thanks to the reduced price tag for used cars. Just be sure you get a vehicle history report before you make any used car purchases. You’ll need to protect yourself from potential auto scams that can cost you plenty of time and money; a vehicle history report provides you all the information you need about a used car’s overall history, including odometer readings and accident records. Safeguard your finances and have more peace of mind with a vehicle history report in your hands today!

The post Should You Buy the Highest Car Trim Model? first appeared on VinFreeCheck and is written by Calvyn Ee

How We Rate Cars

Reliability

We make a point to get feedback from current and previous drivers and ratings from reliable sources like Consumer Reports and CarMD for each car we feature.

Appearance

Both new and used cars can sport some great looks on the inside and outside, helping it to stand out from the competition.

Performance

V6 engines are no slouches when it comes to a fun, fantastic drive. Stable, solid handling also helps accentuate the car’s power and take it to new heights.

Features

You’ll find plenty of value and utility in what a car has to offer, from various creature comforts to important safety suites and more.

Launch Yourself to Top Speed with the Cheapest V6 Cars

2016 Cadillac ATS-V (from $32,000)

For something with plenty of power under the hood, you can’t go wrong with the 2016 Cadillac ATS-V, a powerful contender to the vaunted BMW M3. The ATS-V is powered by a mighty 3.6-liter, twin-turbo V6 that packs a whopping 464 hp and 445 lb-ft of torque; it pairs with either a six-speed manual or a quick-shifting eight-speed automatic. Once you put your foot down on the pedal, the ATS-V will quickly launch you to full speed in under 4 seconds. Even then, its impressive engineering significantly enhances your driving experience with a smooth ride and confident responsiveness. If you find an ATS-V with the added Premium package, the Magnetic Ride Control (MRC) makes for even more wonderful drives. The interior of the ATS-V is also classy and comfortable, with plenty of premium finishings to accentuate its looks. The trunk is the one downside, with a measly 10.4 cubic feet available; finding an ATS-V at a bargain price is also another challenge, as most are priced above the 30k mark. If you’re willing to splurge, it’s a definite recommendation.

2021 Kia Telluride (from $30,000)

The stylish and robust Kia Telluride is another great option for those seeking a V6 engine and an impressive SUV. This massive SUV is powered by a 3.8-liter V6 engine that produces 291 hp and 262 lb-ft of torque. Considering its hefty weight, it isn’t very sprightly, but it still impresses with decent highway passes, strong towing up to 5,000 lbs, and optional all-wheel drive to help with traction. Ride quality is also top-notch as its suspension easily absorbs road imperfections with ease. Where the Telluride really shines, though, is its posh cabin and its cavernous amount of space. In fact, it’s so big that the third row is also practical for adults. There’s also plenty of small-item storage within the interior, on top of the cargo space going up to 87 cubic feet with the back rows folded. And, of course, Kia ensures that safety is a priority with a hefty number of standard driver assistance features. As it stands, the Telluride is easily one of the most value-centric V6-powered cars on the market.

2020 Toyota Avalon XLE (from $28,000)

The Toyota Avalon is a more luxurious Toyota option for V6 enthusiasts, and you can find a decent deal for the 2020 model year. It shares the same 3.5-liter V6 engine found in the Camry, making 301 hp and 267 lb-ft of torque while paired with an eight-speed automatic transmission. This does turn the Avalon into a stately daily driver with a decent amount of zest, and while it might not be exciting, it makes up for this with elegance, good steering, and a delightfully comfortable ride. With its elegant design, the Avalon definitely appeals as a non-luxury car, on top of its impressively roomy cabin. Even back-seat passengers can lounge comfortably with the 40 inches of legroom available. The convincing premium finishes, including synthetic leather, also help accentuate the richness of the interior. And you’re also getting Toyota’s highly-rated safety standards with the sheer amount of techs available to you. Unfortunately, Toyota has announced that it will cease production of this full-size sedan after 2023, so getting one before prices inevitably go up would be a good idea.

2017 Ford F-150 Lariat (from $27,000)

The Ford F-150 is a great pickup truck for its valuable utility, especially with the SuperCrew model that gives decent room for rear passengers. You get three V6 options: the base 3.5-liter V6 that produces 282 hp and 253 lb-ft of torque; the twin-turbo 2.7-liter Ecoboost V6 with its 325 hp and 375 lb-ft of torque; and the 3.5-liter turbocharged Ecoboost V6 with its beefy 375 hp and 470 lb-ft of torque. We’d pick the Lariat trim since it gets the 3.5-liter turbo V6 and the power it offers, but you’d have to go with less fuel economy than the base V6. At least you’ll have plenty of power on tap as well as confident towing capacity going up to 12,200 lbs. The F-150 drives well, too, with reasonable handling in and out of towns. The SuperCrew model is definitely your pick if you’re carrying passengers around, with under-seat storage that can be handy in a pinch. Be sure to look for models equipped with Ford’s various tech packages available at the time; only Lariats and above get the standard safety features – and even then, it’s still lacking a few things without some of these add-ons.

2018 Dodge Charger SXT (from $21,000)

The Dodge Charger is yet another great pick for an affordable V6 car, offering a stoic 3.6-liter V6 with 292 hp and 260 lb-feet of torque; if you get one with the Rallye Group package, you pump those numbers to 300 hp and 264 lb-ft. Even without the V8, you’re still getting respectable agility with the V6, as the Charger can serve up a fast, fiery (though less comfortable) ride from start to finish. This is greatly helped by accurate steering and confident handling characteristics. Outside of the harsh but quiet ride, the interior is quite comfortable, with plenty of space for passengers in the front and back. It’s nowhere as roomy as a Challenger, but it’s still solid nonetheless. The rear seat is a bit more subjective, but we do agree taller passengers won’t have a good time seated in the back. Rear visibility is a bit of an issue that’s plagued Chargers for a long time, but your mileage may vary; at the very least, the rearview camera is helpful. Safety is also a good part of the Charger, with pretty good scores from the NHTSA and IIHS (except for one point in the latter’s tests) on top of its available safety features.

The V6 Isn’t Going Away So Easily

With the rapid rise of the electric vehicle, the V6 continues to remain a competitive powertrain option owing to its longstanding roots in American automotive history. Besides, with the plethora of options available to you, choosing the cheapest V6 car doesn’t mean you have to compromise on power, comfort, or even safety features. There are still plenty of other aspects that you’ll need to consider, including fuel efficiency, power delivery, reliability, and more. Just be mindful if you plan on making a used car purchase because you’ll never know if you might be walking into a scam without realizing it.

Before you start the buying process, ensure you get a vehicle history report for whatever used vehicle catches your eye. With it, you’ll be able to get comprehensive records of a car’s usage for each of its previous owners and even that of its current driver. You can find vehicle specifications, odometer readings, and even accident records and salvage titles. With the report, you can look out for possible red flags in a deal – say, mismatched odometer readings – and lodge a report to the authorities. Buying a used car shouldn’t have to feel draining on you and your family, so get a vehicle history report today for that extra peace of mind!

The post Here are 5 of the Cheapest V6 Cars You Can Buy Today [2023] first appeared on VinFreeCheck and is written by Calvyn Ee

How We Rate Cars

Reliability

We make a point to get feedback from current and previous drivers and ratings from reliable sources like Consumer Reports and CarMD for each car we feature.

Appearance

Both new and used SUVs can look great both on the inside and outside, making them look unique compared to their competition.

Performance

V8 SUVs are mighty machines that offer a decently performing drive, even for larger SUVs. Good performance is also helped by solid handling traits as well.

Features

You’ll find plenty of value and utility in what a car has to offer, from various creature comforts to important safety suites and more.

Drive Off with Our List of the Best V8 SUVs

2019 Jeep Grand Cherokee Limited (360hp)

The fiery V8 in the 4WD Grand Cherokee Limited (and upper trims) has 360 hp and 390 lb-ft of torque on tap, giving you a lot of power at the cost of fuel efficiency (to no one’s surprise). The brawny engine also improves its towing capacity to 7,200 lbs from 6,200 lbs for V6-equipped models, allowing for big hauls on long trips. It’s a fairly competent road runner outside the bumpy ride quality unless you go for the optional air suspension that greatly improves its roadside manners for comfort. There are also options to make it more capable for off-roading, and we’d recommend that for adventurous drivers. On the inside, some passengers might feel a little squished with the somewhat limited interior space. Cargo room also trails behind the competition at 24.6 cubic feet, going up to 54.9 cubic feet with the rear seats folded. Limited and higher trims get safety techs in the form of a rearview camera, blind-spot monitors, and rear cross-path detection; opt for models with the Technology Group package that adds automatic emergency braking, lane-departure warning, and adaptive cruise control, among other things.

2022 Chevrolet Tahoe RST (355hp)

Like Chevy’s massive Suburban SUV, but can’t fit its gigantic frame in your garage? The Tahoe might just fit the bill with its shorter stature while still offering plenty of room. The 5.3-liter V8 offers 355hp and 383 lb-ft of torque, offering great power and towing strength that’s just as excellent as the top-rated 6.2-liter V8 option that packs 420hp and 460 lb-ft of torque. Meanwhile, the independent suspension adds plenty of bonus points with its sublime ride quality and minimal body roll. You’d hardly feel as though you were driving a full-size SUV; the quiet ride is also a surprising addition, despite the V8’s notorious growl at full strength. The cabin is easily the Tahoe’s selling point, however, thanks to the immense amount of headroom and legroom as well as supportive seats. Cargo space in the rear is nearly cavernous, too, going up to 122.9 cubic feet when the second and third rows are folded. Safety techs are also aplenty with standard active lane control, blind-spot monitors, and emergency automatic braking, with additional options for a rear camera mirror and a surround-view camera system.

2021 Cadillac Escalade Premium Luxury (420hp)

If you’re willing to splurge a little more, the Cadillac Escalade is a strong contender to its sibling, the Chevy Tahoe, by offering a touch of luxury. The Escalade is powered by a 420hp 6.2-liter V8 engine mated to a 10-speed automatic transmission, both of which pair well to provide smooth handling and composed performance. The Escalade can also tow up to 8,200 lbs, just 200 shy of the Tahoe but still impressive nonetheless. It also features an independent rear suspension that greatly helps with ride comfort from start to finish. Step inside, and the cabin can fit seven passengers (eight with the second-row bench seats) nice and snug; the third row is still only for kids. Cabin space is 25.5 cubic feet minimum and grows to 109.1 cubic feet once you fold down the second and third rows; a little less than the Tahoe, sure, but it’s still large enough for most types of cargo. Tech offerings are also strong with the inclusion of a fancy digital instrument cluster as well as a number of standard driver-assist tools like automatic emergency braking with pedestrian detection, front and rear parking sensors, active lane control, and even a surround-view camera system. Adaptive cruise control and some others are only found on the higher trims.

2022 GMC Yukon SLT (355hp)

The GMC Yukon has two V8 engines for consideration: a 5.3-liter V8 with 355hp and 383 lb-ft of torque and a 420hp 6.2-liter V8 found on the higher-priced Denali and AT4 trims. Both also pair with a smooth-shifting 10-speed automatic. It’s still capable of strong performance and stable rides while towing up to 8,400 lbs of stuff. It also handles very well for a full-size SUV, and with the optional air springs and adaptive damping added, the ride quality is sublime. It’s also a good choice that has plenty of creature comforts to go with it: leather upholstery, heated and ventilated front seats, and even a power rear liftgate. There’s also plenty of room inside, but getting in a Yukon can be tricky, given how tall it is. The third row is a lot more useful as well, with as much as 35 inches of legroom available. Meanwhile, cargo space goes up to 144.7 cubic feet with both back rows folded, making it even more roomy for longer vacations. Safety could be much better as only automated emergency braking with forward-collision warning is standard; others, like adaptive cruise control, are only available as add-ons.

2020 Mercedes-Benz GLS 580 (483hp)

The luxuriant Mercedes-Benz GLS 580 might be worth your while for something that’s both posh and performant. It boasts a 4.0-liter turbocharged V-8 that makes 483hp and 516 lb-ft of torque, the highest amount of horsepower among the SUVs listed here. This allows the GLS 580 to surge to 60 from rest in under five-and-a-half seconds, but the 9-speed automatic transmission it pairs with does downshift quite eagerly. The standard air suspension also offers a stable, confident ride, and you won’t need to splurge on the fancy E-Active Body Control suspension system. As for the cabin, you can expect top-notch comfort from a luxury SUV like this, with the supportive and well-padded seats, good amounts of passenger space – even in the third row – and lots of premium finishes. The only downside is the small cargo room at 17.4 cubic feet with both rows up, going up to 85 cubic feet with both rows folded down. It’s also packed with a lot of technological goodies, ranging from the responsive and robust MBUX infotainment system to a great built-in navigation system. Safety techs are also solid, with standard automatic emergency braking with pedestrian and cross-traffic detection; models with the Driver Assistance package also come with adaptive cruise control, active lane control, and lane departure warning.

Buying the Right V8 SUV

Prices are still on the high side for many recent year model trims, even for used SUVs, so it wouldn’t hurt to consider past model years that are not only affordable but still give you plenty of value from your purchase. Make sure you review all your options first, including the kind of financing you’ll need to go through to purchase a V8 SUV you like. On top of that, you’ll also want to make sure you’re not falling into a potential scam deal, which will only add to your woes.

It’s always a good idea to obtain a vehicle history report for any used vehicle you’re considering. You’ll be able to get up-to-date odometer readings, as well as accident records, salvage titles, and even vehicle specifications. With the report, you can look out for possible red flags in a deal – say, mismatched odometer readings – and lodge a report to the authorities. Buying a used car shouldn’t have to feel draining on you and your family, so get a vehicle history report today for that extra peace of mind!

The post Check Out These 5 Best V8 SUVs [2023] first appeared on VinFreeCheck and is written by Calvyn Ee

Our Criteria for Selection

Reliability

We make a point to get feedback from current and previous drivers and ratings from reliable sources like Consumer Reports and CarMD for each car we feature.

Appearance

Both new and used cars can have striking appearances inside and outside that help them stand out from the crowd.

Performance

300hp cars are plenty powerful to provide an exhilarating driving experience from start to finish. But it’s not solely the engine that makes a great car great.

Features

You’ll find plenty of value and utility in the features each car offers, from various creature comforts to important safety suites and more.

Without Further Ado: 6 of the Best 300hp Cars Worth the Price

2023 Kia Stinger GT-Line (300hp, $37,865)

The Kia Stinger not only looks trendy, but with its 2.5-liter turbo-4 providing 300hp and 311 lb-ft of torque, this sports sedan offers a fiery ride you’ll love. It may not be pure adrenaline driving a Stinger, but it still manages to sate one’s need for speed. Together with a quick-shifting eight-speed automatic transmission, the Stinger delivers substantial performance without sacrificing comfort. It’s also a well-built vehicle with a spacious interior featuring plenty of posh-looking materials (including leather seats) and an impressive 23.3 cubic feet cargo room. The Stinger delivers far more than what was promised for a sports sedan. Moreover, Kia is no slouch where safety is concerned: standard techs included are automatic emergency braking, active lane control, blind-spot monitors, and adaptive cruise control. Meanwhile, you can opt for a surround-view camera system and a heads-up display as optional features.

2023 Toyota Camry TRD (301hp, $34,480)

A Toyota might seem out of place, but the Camry TRD has the option to go with a 3.5-liter V6 that makes 301hp and 267 lb-ft of torque. It doesn’t immediately turn the Camry into a speed demon, but it does still give some extra pep to the Camry’s overall performance. Add that with the TRD’s sport-oriented tuning – from its suspension and bigger brakes to the wider wheels and aesthetic add-ons – and you have yourself a spry city runner for all your commuting (and occasional fun time) needs. On top of that, you’re still getting the best of Toyota’s offerings: the Camry is a highly-rated sedan for a lot of reasons, especially where reliability is concerned. The interior is clean and comfy, though taller passengers will find headroom is somewhat lacking in the rear. The TRD does miss out on some premium creature comforts that the higher X-grade trims have, such as heated seats. And don’t forget Toyota’s top-notch safety suite, featuring standard automatic emergency braking with pedestrian detection, active lane control, and adaptive cruise control.

2023 Ford Mustang Ecoboost (310hp, $29,145)

You can never go wrong with an American-made muscle car, especially when you can get one for under 30k. Sure, the Mustang Ecoboost is as barebones as they come, but it’s no slouch. In fact, the 2.3-liter turbo-4 has 310hp and 350 lb-ft of torque available, making for some impressive acceleration and speed. Opt for the High-Performance package, and you can add some extra zest to the engine. There’s also a Handling package for even more sporty tuning and stronger Brembo brakes. For an entry-level muscle car, the Mustang Ecoboost is a no-brainer. Its only downsides are the odd hard plastics found in the interior, which only dampen the muscle car’s burly image and the snug rear seat that’s more suited for luggage or kids than adults. The front seats are nice and comfortable, at least. Lastly, while this can be a powerful machine with the right options, adding said options can quickly get pricey – the High-Performance itself can cost up to 5k alone.

2019 Chevrolet Camaro LT (335hp, from $19,000)

The iconic Chevrolet Camaro is a symbol of superb power in a gorgeous frame. The LT trim comes equipped with a potent 3.6-liter V6, making 335hp and 284 lb-ft of torque: the perfect choice for an agile road runner. The engine thrums with power, and when you push the pedal to the metal, it very much roars with a reverberating oomph. On top of that, the Camaro is engineered to almost perfection with its sublime handling, well-tuned suspension, and sharp, responsive steering. It’s hard to say no to a pony car like this, especially if you’re able to get one for a bargain. Needless to say, this is – like the Mustang – a car meant only for two: the rear is also small enough that it’s only ideal for groceries or luggage. The same can be said of the trunk: space inside is almost negligible beyond a couple of small items. Safety is also a concern due to less-than-ideal visibility and poor crash test scores.

2012 Chrysler 300C (363hp, from $9,000)

The Chrysler 300C is an imposing car, more so when you find out that it has a 5.7-liter HEMI V-8 under its hood, making an impressive 363 hp and 394 lb-ft of torque. Capable of hitting the 60 mark in under 6 seconds, the 300C is an aggressive, growling beast at full speed. For a full-size sedan, it also scores well on overall handling, as you wouldn’t think you’re driving a full-size car when you’re behind the wheel. Even more impressive is that it doesn’t feel ponderous to drive, considering its size, with little to no body rolls, among other things. On the inside, the 300C is also stately, helped by its luxury appearance, cushy cabin space with great front seat bolstering, and plenty of headroom (the rear is something of a mixed bag, though). For something built in 2012, the 300C can really make you feel like royalty. Safety is also a plus point for this hulking sedan, with standard lane-departure warnings, blind-spot monitors, and a forward-collision warning system.

2012 Hyundai Genesis 5.0 (429hp)

It might look like a plain sedan on the outside, but the Hyundai Genesis – a car that preceded Hyundai’s luxury brand, Genesis – is a luxury car harboring a secret. In this case, its 5.0 trim comes equipped with a 5.0-liter direct-injected V8 engine, offering a staggering 429hp and 376 lb-ft of torque! The Genesis is absolutely fast, easily hitting 0-60 at the five-second mark; with an excellent eight-speed automatic transmission, the Genesis really feels like a sports sedan. While snagging the R-Spec trim with its various sport-oriented tune-ups might be tempting, it’s worth giving it a skip due to its firm ride quality and inexplicable inability to filter out road imperfections. Even so, the 5.0 sedan is still a fantastic luxury vehicle that holds up even today. There’s a great deal of space for passengers, especially those in the back, though the front seats could do with more bolstering, however, while. Cargo space is an impressive 15.9 cubic feet, while standard driving aids include adaptive cruise control, antilock brakes with brake assist, parking sensors, and a lane-departure warning system.

300hp on a Budget

Finding a car with 300hp doesn’t have to cost you an arm and a leg. These affordable options prove that power and performance can be within reach, even on a budget. Given that some of these options, particularly the new model years, can be a little over 30k – even 20k can seem steep – you can still pick a previous year’s model that has all the bells and whistles you’ll want and need. Moreover, given that used car prices have reduced somewhat in August, you could make good with this opportunity to get a 300hp car for a good price.

Be sure to protect yourself before signing on for a used car deal. A vehicle history report will give you everything you need to know about a used car you’re interested in. This includes odometer readings, accident records, and even finding out if a car might have been flooded or been salvaged for scrap. With the report, you’ll be able to identify a scam from miles away, thereby protecting you and your finances from trouble. Have peace of mind while shopping for a used car: get a vehicle history report today!

The post 6 of the Cheapest Cars with 300hp [2023] first appeared on VinFreeCheck and is written by Calvyn Ee

Key Points

• July continues to see minor positive improvements in car sales and inventories
• The automotive industry seems to be heading down the right track, but the UAW strike and waning consumer spending may impact overall sales till the end of the year
• EV outlook still looks positive as Tesla continues to lead and other automakers struggle to keep pace

There’s yet another uptick in August as light vehicle sales went up by 13.6 percent year-over-year, following July’s prior increment. As a result, the seasonally adjusted annual rate (SAAR) reached 15.0mm, just below most estimates of 15.4mm. By volume, Cox Automotive suggests new vehicle sales had increased 2.2 percent from July to August.

Once again, strong fleet sales were instrumental in lifting auto sale performance, with Cox Automotive noting a 34 percent increase in sales of large fleets, which accounts for 172,075 units sold. With a market share of 15.6 percent, fleet sales are still outdoing retail sales. Sales to rental fleets won big with a whopping 102 percent increase. Meanwhile, sales into commercial fleets only went up by 1.2 percent.

Total inventory increased by 140,000 units from the end of July, holding at 1.93 million units. Month-over-month, inventories continued to rise after a brief downward spell in July; almost half of this rise is attributed to the Detroit Three (Stellantis, GM, Ford) preparing ahead of a possible Union of Auto Workers (UAW) strike once the master agreement expires on the 14th this month (more on this later). Meanwhile, days’ supply (DS) is currently at 39DS, 2 days higher month-over-month but lower than the five-year average of 41DS.

In fact, most domestic brands currently hold “supply above the industry average” from the start of September. Only Cadillac and Chevrolet have far lower inventory levels at 46DS and 52DS, respectively. On the other hand, import brands still face lower inventory levels, particularly for Honda, Kia, and Toyota, which are all around or below 30DS.

Average transaction prices (ATPs) for new vehicles have remained flat from the previous month. ATPs are $48,451 for August, which is 0.6 percent higher than July’s ATP and 0.1 percent higher than a year ago. Average listing prices have gone up to $47,417 at the start of September, marking a 2 percent increase “above year-ago levels.”

“Dealers and automakers are feeling price pressure, and with high auto loan rates and growing inventory levels, new-vehicle prices seem to have hit a ceiling, at least for now.”

Rebecca Rydzewski, research manager, Cox Automotive

As for incentives, the average incentive spending increased 10.3 percent to $2,365, an increment of 113 percent compared to a year ago. This would equate to 4.7 percent of the ATP, up from 2.3 percent last year. This is the highest it’s been since September 2021.

Promising Auto Performance

In a surprising turn of events, Cox Automotive noted that total consumer spending in early August went up by 16 percent year-over-year, with particular strength in travel, services, discount stores, and recreation. Much of this is driven by the back-to-school season. However, the modest uptick in vehicle sales in August reflects that consumers are still willing to spend their money on various things, including vehicles.

Much of this growth can be attributed to a few key factors:

• Home mortgage refinancings in the preceding years have helped provide “additional disposable income for many households”
• Higher incomes for many jobs, as well as increased wealth in some segments of society
• Smaller “new-to-used value proposition”
• Demand boom following the supply shortages during the pandemic years

Additionally, Cox Automotive reports that three vehicle segments held ATPs below $30,000 in August: compact cars, subcompact cars, and subcompact SUVs. Some choices include the Kia Rio, Nissan Versa, and Hyundai Venue, which hover between $20,000 and $25,000. The Mitsubishi Mirage, the only vehicle going for below 20k, is set to be discontinued soon; it’s the same story with the Rio.

As you may have inferred from the inventory situation, sales have been a mixed bag across the industry. Honda recorded total monthly sales going up by 57 percent (56 percent for the Honda brand and 61 percent for the Acura brand) from last year, with equally promising year-to-date sales. Several luxury brands have also experienced positive “double-digit, year-over-year growth,” including Buick (65 percent), Acura (47 percent), and Infiniti (46 percent). 

The luxury car market share stood at 18.8 percent despite the price increase from July to August. However, luxury car prices were still down 3.3 percent year-over-year at $64,107, with a 4 percent price decline since the year began. Much of it is attributed to Tesla’s surprising price cuts, as ATPs for various luxury brands, including Audi and Mercedes, have still seen year-over-year price increases as high as 10 percent.

Used vehicles also see improving demand, with a much stronger sales pace than mid-July to late August 2019. The average used-vehicle listing price at the start of September was also at a promising $26,651. This is down 1 percent from last month (at $27,023) and 6 percent lower than August last year.

Further improvements to overall auto loan accessibility are also another important factor. Dealertrack’s All-Loans Index went up to 99.1 for the month of August, the highest it’s been since November last year; the higher score indicates “auto credit was easier to get than any time in 2023.” Good news, indeed, but auto loan interest rates remain high despite the positive signs on credit availability.

Additionally, certified pre-owned (CPO) sales saw a 5 percent increase in August, in part due to this credit loosening and how “some [CPO] programs are gaining traction” in lieu of the elevated vehicle price scenario of today.

While the outlook seems to be improving, dealers still hesitate to say that it is so.

Wherefore the Consumer?

For the most part, car buying is still happening as people are still willing to spend despite the high prices and interest rates. Used cars remain the more cost-effective option, given that their prices are nowhere as exorbitant as they were in the past months. But you can still find a good deal if you know where to look.

However, budget shoppers are left in the dust. While most cars, including used cars, are now more affordable than in early 2023, one can still cost at least 20k. This is even more pronounced with how auto loan rates are still elevated. Add to the fact that your only budget options for new cars are the Mitsubishi Mirage (which is severely underpowered) and the Kia Rio (which is only slightly better than the Mirage), and you can see why buyers are fuming.

Additionally, consumer spending is still fluctuating. Some households may be flush with extra cash for buying cars, but not everyone has that luxury. Much like in the past, the spending strength in August doesn’t accurately indicate a more stable economy or better financial prospects. As a result, more shoppers would be willing to wait for prices to drop further and for better incentives to be offered.

The far lower numbers of low-interest (both 0% and <3%) financing plans also make it harder for some segments of the economy to reliably afford a car and keep up with the auto loan payments. The second quarter already recorded auto loan delinquencies at 7.3 percent, compared to the first quarter’s 6.9 percent. In fact, Moody’s has already warned that these delinquencies can potentially peak between 9 and 10 percent by 2024.

And that’s just auto loans. New credit card delinquencies (for those that are “30 or more days delinquent”) have already reached 7.2 percent in the second quarter, in contrast to the first quarter’s 6.5 percent.

This is reflected in Cox Automotive’s Dealer Sentiment Index (CADSI), which shows many dealers still view the “current auto market as weak,” though the sentiment does vary. Franchised dealers are more optimistic about the current market and its outlook than independent dealers. And while dealers are no longer worried about limited inventories holding their business back, they still worry about rising interest rates and future economic and market conditions.

The UAW Strikes Back?

On that note, the deadline for new contracts between the Detroit Three and the United Auto Workers (UAW) union is set to begin. With both parties unable to reach an agreement, the planned simultaneous strikes are set to occur, leading to potential losses as high as $5 billion or more (for just 10 days of striking). UAW president Shawn Fain has already promised the strikes are “going to hit where we need to hit.”

That’s still provided the coordinated strikes, targeting specific auto plants, can successfully ground the Detroit Three’s auto production to a halt before their $825 million strike fund runs out. The UAW has struck down prior deals to the new contract’s terms despite calls for compromise from various external parties.

“The UAW’s demands include restoring defined benefit pensions for all workers, 32-hour work weeks and additional cost-of-living hikes, as well as job security guarantees and an end to use of temporary workers.”

Reuters

Some of the demands put forth by the UAW are considered “non-starters” owing to the significant long-term financial impact they can leave on the automakers. Assuming that the strike does successfully halt production and cause substantial losses for as long as they run their course, the Bank of America believes there could be potential bankruptcies waiting to happen among the Detroit Three, which will cause further harm as workers lose their jobs.

On the flip side, the UAW wishes to ensure that its members are adequately compensated for their time and effort, especially as the Big Three’s upper management saw substantial increases in compensation. Inflation may be coming down, but it’s still going at a snail’s pace; moreover, prices of goods and services aren’t going to return to normal levels anytime soon while households can’t keep up with the growing expenses.

Once the UAW goes on strike, it becomes a matter of how long they can last: if they go on for as long as the ongoing writer’s strike, which has no end in sight, the Big Three are going to feel the pinch as inventory dwindles, but they cannot reliably meet growing demand – hence the stocking-up of inventory in anticipation of a strike.

On the other hand, if the strikes don’t have the same longevity as the writer’s strike, then the overall impact will be minimal at best. Even so, other automakers aren’t really going to lose much in the event the strikes do happen. After all, the 146,000 UAW workers are all in the employ of the Big Three. Where the Detroit Three loses, their rivals stand to gain significantly.

Either way, we’ll have to wait and see how the strikes play out and how they’ll affect the auto industry as a whole.

What’s New with the EV Outlook?

In the meantime, EVs continue to see further declines in prices thanks to Tesla’s price cuts and incentives for the average consumer (such as tax credits), with the average price paid for an EV standing at $53,376 – a modest decline from July’s $53,633 figure. Meanwhile, EV incentives were 8.1 percent ($4,298) of ATPs in August.

As it stands, August has seen EV manufacturers like Lucid, Rivian, and Polestar doing rather well for themselves. Lucid and Rivian, in particular, saw sales more than double between last year and this year. Of the two, Rivian saw the highest gains, with sales up 195 percent, or 29,532 units; Lucid gained 181 percent, accounting for 3,890 units sold. Meanwhile, Polestar saw sales increase by 36 percent.

Tesla continues to dominate the EV market, with over 390,377 new registrations in the first seven months of 2023. This effectively places their market share at 59.5 percent of the US EV market. Chevrolet comes in second with a 6 percent market share, while Ford is third with a 5.2 percent market share.

Given current elevated prices, this still doesn’t mean that more car shoppers would be incentivized to buy an EV. Dealers are particularly pessimistic about the outlook of EV sales through the rest of the year, though that may partly be due to “over-supply rather than a lack of demand,” as Cox Automotive’s Jonathan Smoke states. In fact, he’s optimistic that things will change for the better as EV competition ramps up.

“…I can pretty confidently predict that surplus inventory and increased competition will eventually drive down prices, which will help with EV consideration and adoption.”

Jonathan Smoke, Chief Economist, Cox Automotive

The post Minor Wins Across the Industry in August as UAW Strikes Loom Closer – 15 September 2023 first appeared on VinFreeCheck and is written by Calvyn Ee