The Auto World

Pep Boys is being sold to Mavis Tire for $700 million in cash. The company has around 800 locations in the United States. Comes after O’Reilly made a reported offer for NAPA Auto Parts. The automotive parts and service industry is huge and there’s been some big developments in the past month. The latest is that Pep Boys has a new owner. Mavis Tire is purchasing the chain from Icahn Enterprises for approximately $700 million in cash. Under the terms of the deal, Icahn will retain real estate they previously transferred to Pep Boys as well as the AAMCO Transmissions and Precision Tune Auto Care businesses. More: Car Repair Costs Are Exploding And It’s Not Just About Tariffs Pep Boys has nearly 800 locations in the United States and they perform everything from oil changes to repairs. The company also sells tires and batteries. ...

Subaru confirmed the Getaway’s production start has been delayed. The automaker says it needs more time for final adjustments. Toyota previously announced a similar delay for its related three-row EV. Subaru has officially confirmed that production of its all-new 2027 Getaway has been pushed back, weeks after Toyota acknowledged a similar setback for its closely related electric SUV. While the automaker hasn’t revealed how long the holdup will last, it says the extra time is needed to complete final adjustments before launch. Until now, Subaru had continued to publicly point to a fall 2026 arrival without acknowledging any changes. More: Subaru’s New Getaway Is Basically A Faster, More Powerful Highlander In a statement provided to Carscoops, Subaru confirmed the delay, saying, “The start of production for the Getaway is expected to be delayed to allow sufficient time for final adjustments before launch.” The...

Average listing prices of used cars in the US are up 6 percent from earlier this year. Used vehicle inventory in the US was sitting at 2.14 million units at the end of June. While used car prices are up, credit access for buyers is at the highest level in a decade. Average listing prices for used cars across the United States are higher now than they’ve been at any time since 2023, denting affordability and making it even more difficult for buyers to get behind the wheel of a used car, let alone a new one. An analysis of vAuto Live Market View data by Cox Automotive reveals that as of the end of June, used vehicle inventory on US dealer lots stood at 2.14 million units, the equivalent of 47 days’ supply. Inventory was up 1 percent from May and 0.2 percent from a year earlier, though it remains tight by recent historical standards. Average listing prices currently sit at $27,027, a 6 percent increase from a year ago and the highest...

Volkswagen has announced pricing for the 2027 Atlas. Arrives this fall for $41,610, which is a significant hike. Crossover sports a turbocharged 2.0-liter engine with 282 hp. Ahead of its launch this fall, Volkswagen has announced the redesigned Atlas will start at $41,610 before a $1,525 destination fee. That’s a significant jump as its predecessor began at $39,310 and had a lower $1,475 delivery charge. While the $2,350 price hike is tough to swallow, the 2027 Atlas is more luxurious and powerful. The entry-level SE variant features LED lighting units, keyless entry, a motion-activated power liftgate, and 18-inch alloy wheels. More: 2027 VW Atlas Debuts With A Cabin You Won’t Have To Apologize For The interior steps up its game with genuine wood trim and leatherette seats with 12-way power adjustment on the driver’s side. The crossover also comes equipped with a heated leather steering wheel as well as heated and ve...