By definition, residual value is the amount one can expect to sell an asset for at the end of its useful life. “Useful” is nebulous in terms of automobiles because of the old adage, “one man’s trash is another man’s treasure.” However, it’s important to know a vehicle’s projected residual, or resale...

The days for lawful texting while driving are numbered, with several government and academic studies exposing the extreme dangers of this popular distraction. Ahead of a Department of Transportation-led safety conference in Washington, D.C., next week, the Alliance of Automobile Manufacturers (AAM) has...