Cars

Scott Parker -  The best time to but a new car is the last day of the month because the sales staff want their monthly reports to look good and are more likely to bargain. You can increase your chances of getting a good deal by choosing the youngest salesperson on the floor.

Bloomberg -  Shopping for his first family car, Yuan, a 31-year-old Shanghai resident, test-drove pure electric vehicles from Nio and Xpeng, popular EV brands in China. But he was worried about running out of juice and the hassle of charging his car on the go. So instead he tried something new: an extended-range electric vehicle, or EREV. They can go more than 600 miles on a charge compared with the typical 300, thanks to a small internal combustion engine on board whose sole purpose is to automatically recharge the battery. An EREV turned out to be the perfect fit, and in May he paid about $34,000 for a Li Auto L6, a five-seat sport utility vehicle that’s become one of the hottest-selling models in China. 

Study Finds -  As inflation continues to impact the cost of living, a new survey reveals that Americans are taking proactive steps to maintain their current vehicles rather than face the prospect of purchasing new ones.  The study, conducted by Talker Research on behalf of Pennzoil, is shedding light on changing consumer behaviors in response to current economic pressures throughout the United States. In a striking revelation, 73% of car owners surveyed have made a conscious decision to better maintain their old vehicles due to rising costs. This trend is particularly pronounced among older generations, with 75% of Gen X respondents revealing their increased efforts in car maintenance compared to 60% of their Gen Z counterparts.