cars

Tesla's Stock Plummets as Wall Street Bites Nails Over Upcoming Delivery Numbers

As Tesla gears up to unveil its first-quarter delivery numbers, Wall Street's mood swings between apprehension and the kind of nail-biting usually reserved for horror movie finales. With shares taking a nosedive by 29% in the first quarter-the stock's gloomiest performance since the twilight days of 2022-it's clear that Tesla is navigating through some choppy waters.

Nissan's Bold Move: Tackling Market Chaos with 30 New Models & Slashing EV Costs

In a world where the only constant is change (and the occasional need for caffeine), Nissan is stepping up to the plate with a plan that's as ambitious as my cousin Joe's attempt to make Thanksgiving dinner without burning down the house.

I Cancelled my Unused Subscriptions and Bought a Car

In this digital age, it's easier than ever to accumulate subscriptions that we forget about and rarely use. By routinely checking and eliminating these unused services, we can free up funds for more significant investments - like a brand-new car!

Why a Used Car is a Better Purchase in Today’s Market

As long as there's too much national debt the Federal Reserve must maintain low-interest rates or banks default on their loans. That means consumer borrowing costs remain low and the market for used cars stays highly competitive.

4 Cars Owners Regret: Teslas, Sports Cars, and More

That's the problem with cars these days like Tesla and the Apple Car. They just don't make them to last. With all this new technology, it's just a bunch of computers on wheels. You're lucky if your new car lasts 100,000 miles without a major issue.

These Luxury Cars Might not Meet Your Expectations. Find Out Why

Top 3 Most Flop Luxury Cars of 2020

Here are three vehicles that failed to deliver extra wow factor in 2020s batches of test drives.

Uber suspends self-driving cars operations after Arizona crash

Uber Technologies Inc. is suspending its self-driving cars after one of its autonomous vehicles was involved in an accident in Tempe, Arizona. This is the latest incident from the company that is facing one controversy after the other.

Toyota plans £240 million investment in Burnaston plant

Japanese automaker Toyota plans to invest £240 million in upgrading its car plant that makes the Auris and Aventis models.

Renault denies reports it cheated on emissions tests for decades

Renault shares plummet more than five percent on Thursday even after the company refused to acknowledge reports that it cheated on emissions tests for decades.

General Motors lays off 1,100 employees in Lansing plant

The workers keeping their jobs now are still safe from any employment actions as General Motors just invested $583 million in the plant.

Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses

French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.

Mercedes-Benz recalls almost one million cars after 51 fires reported

The incident was due to an issue with an engine part that can cause an electrical fire and conditions would occur during the starting of the car.

Luxury automakers drive online sales on Tmall.com

China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.

Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario

Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.

Tesla Nearly Exceeds 114-Year-Old Ford's Market Value

Electric automaker is set to release its mass market car this year.

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American Dream Deferred: Wealth Gap Deepens Among Millennials

A recent study found that there is a fresh wave of class conflict and animosity due to the widest wealth difference of any generation between affluent millennials and the rest of their age group.

Could You Qualify for SNAP Benefits?

The United States Department of Agriculture (USDA) oversees the food stamp program, also known as supplemental nutritional assistance, which is a vital tool for helping low-income families and individuals buy nutritious food.

Forget Stocks, Crypto Now Directly Impacts Housing Prices

According to a new study, as cryptocurrencies grow in importance inside American investment portfolios, their impact is seen not just in virtual transactions but also in real estate and consumer purchasing.

Bond Yields Drop as Job Growth Slows

After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.

Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.

Must Read

Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.

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