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When Can Consumers Expect Car Loan Interest Rates to Drop?

For the first time in over four years, the Federal Reserve has cut interest rates, offering hope to car buyers burdened by high borrowing costs. While the stock market saw immediate gains from the announcement, experts warn that car loan rates might not improve immediately, as these rates depend on …

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Ford CEO Jim Farley says no more “boring cars”

Ford’s future to be ‘iconic,’ not ‘boring’Ford CEO Jim Farley made a bombshell announcement during an interview with British-owned Car Magazine, in an event ostensibly meant to announce the arrival of the Explorer to European markets—a reverse Christopher Columbus moment, if you will.“We’re getting out of the boring-car business and …

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