How the Fed's rate cut will impact auto loans

It will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, analysts found.

Volvo drops plan to go fully electric by 2030, hybrids to remain

Volvo has revised its 2030 plan to go fully electric, citing slowing demand for EVs and rising consumer interest in hybrids. The automaker now expects 90% to 100% of its 2030 sales to be electric or plug-in hybrids, with mild hybrids making up the remainder.

Gas prices are down ahead of Labor Day travel

If you're driving to your destination on Labor Day, gas prices are 90 cents cheaper than this time last year. The price of a gallon of gas in Arizona is $3.45 a gallon. It's a penny more in Maricopa County. GasBuddy on Thursday morning revealed at least one station, an ARCO in west Phoenix, where gas was below $3. If you're heading north to escape the heat, gas prices in Flagstaff are $3.57 a gallon. Experts say lower demand and a quiet hurricane season are keeping oil prices down.

Labor Day travel tips

Labor Day is a little more than one week away, and if you're going on a road trip, you may want to check your car first. FOX 10's Irene Snyder has more on this, including what to bring.

Tesla recall: Model X SUVs with trim issue

Tesla is recalling thousands of early Model X vehicles again over roof trim pieces that may not have been properly adhered and could come loose.