Bloomberg and car analyst Itay Michaeli spotted a new trend: The second car could be going out of style, and this “may hurt U.S. auto sales,” Bloomberg says.

Indeed, “the average number of vehicles for every U.S. driver has declined since hitting a record in 2007.” Is it a new trend that “Americans are increasingly willing to settle for owning one car or truck?” (Read More…)

John writes:

I have a 1989 Mercedes 300CE. Fantastic car, if I’m honest and it has made me fall in love with straight-6’s as well as old school German solidity. Not to mention it is nice having the only seafoam green Mercedes I have ever seen, making it incredibly unique. That being said, in the 6 months that I’ve owned I’ve had to put almost two thousand dollars into it for various wear parts. While it is to be expected with a 22 year old car of any ilk, the added cost of owning a European car have begun to take their toll I’m afraid.

(Read More…)