Since the pandemic struck three years ago, the average new vehicle has rocketed 24% to nearly $48,000 as of April, according to Edmunds.com. Typical loan rates on new-car purchases have ballooned to 7%, a consequence of the Federal Reserve’s aggressive streak of interest rate hikes to fight inflation.
Cars
In 2022, there were more than 7,000 Hyundais and Kias stolen in Chicago, a figure that accounts for 10% of all registered Kia vehicles and 7% of all registered Hyundai vehicles in the city, according to a news release from Illinois Attorney General Kwame Raoul.
Patents recently issued to Northbrook-based insurance giant Allstate could allow the company to monitor your car for sources of distraction, collect health data on drivers, and even monitor what's going on around your vehicle. The company says any new technology will improve driver safety, but some are worried it could violate the privacy of drivers, passengers and passers-by.
The 2012 Chicago Auto Show has something for everyone, from the practical and affordable to the stuff of car lovers' dreams. We take a look at some of this year's must-see cars.
Car traffic in Chicago may soon be forced to slow down. Chicago Tonight has learned that a new proposal in Springfield would authorize the city to format red-light cameras in city intersections to detect speeders and automatically issue citations. Paris Schutz has the EXCLUSIVE details.
