Free Republic

The small South Caucasus nation of Georgia has become a multi-billion dollar hub for the international used car market. The vehicles are mostly sourced from the US, and many appear to be ending up in Russia. Equivalent in size to more than 40 football pitches, it hosts thousands of vehicles up for sale. He says that his company has responded to “a lot of demand for Western-produced vehicles”. Today the firm has 600 employees.

A microchip shortage is translating to higher car prices across America. CBS reported that the average price of a new car has topped $40,000 and that used car prices have risen nearly 30 percent due to the shortage. Lansing, Michigan, resident Heather Lyons knows that firsthand. In looking to buy a replacement for a totaled car, she said she will end up paying more to get less, according to WILX-TV. “It really is bad. My car payment last time for a decent vehicle was something I could afford and this time it’s going to be a worse vehicle for more...

WASHINGTON, May 19 (Reuters) - The U.S. Transportation Department is expected to declare that fuel economy rules issued under then President Joe Biden exceeded the government's legal authority by including electric vehicles in setting the rules, automakers said on Monday. Transportation Secretary Sean Duffy said the department's National Highway Traffic Safety Administration on Friday submitted its interpretive rule, "Resetting the Corporate Average Fuel Economy Program" to the White House for review. He said in a statement the prior administration had "illegally used CAFE standards as a backdoor electric vehicle mandate – driving the price of cars up."