Europe’s car-financing businesses are trading in their cheap bonds for more expensive debt — which means higher car loan rates for customers. BMW, Mercedes-Benz and others sold 8.45 billion euros ($9 billion) in bonds in European markets last month, marking the biggest month for auto debt issuance in six years, according to data compiled by
Month: June 2023
#roadkill #motortrend #blasphemi
Tesla has reclaimed the production EV lap record on the famous Nürburgring race track with a new Model S Plaid equipped with the Track package. Nürburgring has been a fighting ground for Tesla and Porsche over the last few years. After Porsche brought its brand-new Taycan electric car to the Nürburgring racetrack to break a
A veteran automotive retail executive has teamed up with a recognized Kia dealership manager to buy their first stores: three franchised dealerships, plus a used-car lot, in rural Texas. Chuck Kramer, former COO of Foundation Automotive Corp., formed a partnership in February with Kimberly Eakin, general manager of Dennis Eakin Kia in Killeen, Texas. On
In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang Mach-E vehicles at a Ford dealership in Colma, California, on July 22, 2022. Bloomberg | Getty Images After a home, buying a car is the most expensive purchase most consumers will ever make during their lifetime. The transition to electric vehicles by
LA Police Hunting For Man Filmed Drifting Stolen Dodge Charger | Carscoops Police spotted the Dodge Charger shortly after the street takeover but the driver sped off https://www.carscoops.com/author/bradcarscoops-com/ by Brad Anderson 1 hour ago by Brad Anderson Police in Los Angeles are on the hunt for a man who was captured on video powersliding a
China is poised to extend incentives for EV purchases as part of broader efforts to shake off a sluggish post-pandemic period. The foundation for China’s economic recovery is not yet solid, the nation’s state radio reported late Friday, citing a State Council meeting chaired by Premier Li Qiang. China will therefore extend and optimize new-energy
Laurence Edmondson, F1 EditorJun 3, 2023, 03:18 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 MONTMELO, Spain — Charles Leclerc suspects a mechanical issue was to blame for his lack of pace in qualifying for the Spanish Grand Prix. The Ferrari driver will start 19th on Sunday’s grid after finishing
This article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of
HUNTINGTON BEACH, Calif. — As Volkswagen plans to launch the ID Buzz electric bus tailored specifically for North America in the third quarter next year, regional CEO Pablo Di Si is making one thing clear: He does not want dealers gouging customers. Discussions with Volkswagen dealers on the three-row ID Buzz’s retail plan — including
In this article GM F STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 with Vermont Sen. Bernie Sanders (far left) in Detroit. Michael Wayland | CNBC DETROIT – The United Auto Workers union appears ready to take a hard
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The 1,914-hp Rimac Nevera has been spotted lapping the Nürburgring, though the driver didn’t appear to be pushing the electric hypercar to its limits, meaning the announcement of an official lap record isn’t likely imminent. It’s possible Rimac was simply gathering data for the autonomous driving system it’s developing to handle popular racetracks around the
The chance to name a new car is precious, a billion-dollar branding exercise with decades of potential staying power. Many vehicles have names that have been around for 20-plus years — even when the underlying car has changed. The Porsche 911 was introduced in 1965, one year after Toyota unveiled its first Corolla. Making its
Laurence Edmondson, F1 EditorJun 2, 2023, 01:27 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 MONTMELO, Spain — Seven-time champion Lewis Hamilton is concerned he might not make the top 10 in qualifying for the Spanish Grand Prix after he finished Friday’s practice sessions 11th fastest. After he finished fourth
Originally recorded as a podcast in 2017, the popular episode of “Dinner with Racers” with Robin Miller is re-imagined in animated form. From wrecking at his first driver’s school to being slapped by A.J. Foyt, no one has stories like Robin. #dinnerwithracers #motortrend #racing MotorTrend is the ultimate streaming destination for gearheads coupled with the
By Joey Klender Posted on June 1, 2023 Tesla in India is getting serious, yet again, after the government has reportedly discussed a roadmap report from the electric vehicle maker as negotiations for the company’s arrival in the country seem somewhat imminent. Indian government officials have already asked Tesla if it is serious about setting
General Motors sees the biggest revenue opportunities from software and services that go beyond what vehicles offer today, rather than charging for features such as heated seats that customers already expect, CEO Mary Barra said Friday. Such software and services represent a major growth opportunity for GM, particularly as they extend beyond a vehicle’s first
Cars are displayed on the sales lot Serramonte Subaru on May 16, 2023 in Colma, California. Justin Sullivan | Getty Images The Federal Reserve’s battle to taper inflation by ratcheting up interest rates is limiting who can afford to purchase a new or used vehicle. The rate hikes have many Americans lowering their buying expectations,
Watch Lifted Ram Truck Rescue A Stricken Semi By Crawling Over It Then Tow It Away | Carscoops Aussie Ram encountered a semi-truck blocking a switchback and had to climb over the trailer before hauling it up the hill by Chris Chilton May 30, 2023 at 12:33 by Chris Chilton Pickup trucks, like supercars, are
Zhejiang Geely Holding Group is considering raising funds for the maker of London’s iconic black cabs, people familiar with the matter said, as the Chinese automaker looks to bolster its electric fleet. Geely may seek about 1 billion pounds ($1.2 billion) from private investors for London Electric Vehicle Company, the people said, asking not to
MONACO — Christian Horner downplayed the suggestion of an unbeaten Formula One season after Max Verstappen claimed Red Bull’s sixth straight win at the Monaco Grand Prix. F1 has never seen a team complete a perfect season before — the closest any has come was McLaren in 1988, winning 15 of the 16 races. Editor’s
VW has revealed the much-anticipated North American version of its ID. Buzz electric microbus, with an extra row of seats and starting deliveries next year. The new ID. Buzz version is much like the two-row European spec, but with a little more of just about everything. It has 282hp as opposed to 201hp (plus an
Cars.com is launching a new branding campaign designed to establish itself as a varied consumer-focused auto services company that goes beyond its 25-year identity as an automotive marketplace platform. “We are proud of our heritage as an original dot.com company and search engine for automotive and have evolved into a comprehensive platform of possibilities for
Kia is a much different company in 2023 compared with five years ago when it focused on value vehicles with a hefty discount. A transformative image overhaul, an emphasis on crossovers — including the three-row Telluride, which is in high demand — and more disciplined incentive spending has helped Kia change consumer perceptions, improve residual
A Li Auto store inside a shopping mall in Yantai, Shandong province on May 6, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus a year ago. For a third-straight month, Li Auto’s deliveries topped
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America, the time has come for love, peace, and the Volkswagen Bus to return. On Friday, the U.S.-spec 2025 Volkswagen ID.Buzz debuted with three rows of seats, a larger battery pack, and a more powerful electric motor than what the rest of the world has had for the last year. ID.Buzz production kicked off last
HUNTINGTON BEACH, California — Volkswagen will add a long-wheelbase three-row version of the ID Buzz full-electric van to its European and North American lineups in 2024. The retro-styled ID Buzz, based on the VW Group’s MEB platform, debuted in Europe last year in passenger and commercial versions. Buyers will have a choice of a rear-mounted,
Laurence Edmondson, F1 EditorMay 29, 2023, 06:47 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 MONACO –Mercedes boss Toto Wolff has said he believes any attempt to cap Red Bull’s performance with a change of regulations would ruin Formula One. Red Bull has won all six races so far this