Considering the current market volatility and decline in U.S. car sales amid an economic slowdown, it may not make sense to bet on auto dealership stocks that could plunge due to their fundamental weakness or the industry headwinds. CarMax (KMX), Asbury Automotive (ABG), and Sonic Automotive (SAH) have weak financials […]
Katherine T. Burrows
Winbond to further grow automotive flash sales in 2022
Winbond Electronics is poised to even further expand its automotive flash giving as a proportion of organization earnings in 2022, as the chipmaker has cut into the supply chains of first-tier auto assemblers, according to market resources. Winbond has disclosed that gross sales created from the automotive and industrial segments […]
Tesla accounted for most fatalities involving advanced driving systems, says US safety body report
A report by US security authorities reveals Tesla vehicles ended up involved in 70 per cent of all accidents in which superior driver help units have been a aspect. Nonetheless, some have questioned the details. View 3 visuals A damning report has unveiled that, because July, 70 per cent of mishaps […]
FIA, Azerbaijan Automobile Federation Discuss Partnership
(MENAFN- AzerNews) By Laman Ismayilova President of the Azerbaijani Auto Federation (AAF) Anar
 Alakbarov achieved with President of the International Car
 Federation, former rally racer Mohammed Ben Sulayem, who visited
 Azerbaijan within just the 2020 Components 1 Azerbaijan Grand Prix,
 Azernews reviews. Throughout the assembly, the sides talked over the […]
The Concours at Pasadera recognizes 75th anniversary of Ferrari, the coachbuilders of Ferrari, and the 65th anniversary of Laguna Seca on August 11-12
The Concours at Pasadera MONTEREY, Calif./PRNewswire/ – The Concours at Pasadera will recognize the 75th Anniversary of Ferrari, the Coachbuilders of Ferrari, and the 65th Anniversary of Laguna Seca. CASA of Monterey, The Bridge addiction recovery program, and The Laguna Seca Raceway Foundation are the 2022 chosen charities. 4th Annual Concours at Pasadera […]
Advance Auto Parts (NYSE:AAP) Reaches New 52-Week Low at $172.39
Advance Auto Parts, Inc. (NYSE:AAP – Get Rating)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $172.39 and last traded at $172.64, with a volume of 8229 shares. The stock had previously closed at $179.43. Several equities research analysts have […]
Lightyear says its $263,000 solar-powered car will go into production later this year
EV startup Lightyear unveiled its to start with photo voltaic-run electric powered car, dubbed Lightyear , at an occasion this 7 days in the Netherlands. The motor vehicle, which Lightyear describes as generation-prepared, has 388 miles of variety, 44 miles of which are derived from photo voltaic power on your […]
Mayor Wu wants car safety ratings to consider a car’s threat to pedestrians
Nearby Wu wrote a letter June 2 to the Countrywide Freeway Targeted visitors Basic safety Administration with tips for motor vehicle features she argues ought to be taken into account when issuing 5-star protection ratings. Boston Mayor Michelle Wu. Josh Reynolds for The Boston Globe The Countrywide Highway Visitors Security […]
Automotive lighting module maker EOI expects over 70% revenue growth in 2023, 2024
Taiwan-based mostly LED automotive lighting module maker Excellence Optoelectronics (EOI) expects new orders and the arrival of its new plant in the US to supply profits advancement of over 70% in 2023 and 2024. Automakers have been forced to cut down creation thanks to the ongoing war in Ukraine and […]
Mercedes Supports the 2035 ICE Ban, Promises All-Electric Lineup Earlier
The European Fee voted to uphold the ban of ICE new passenger cars and trucks commencing in 2035 proposed last year. Mercedes claims it can appear up with an all-electric powered lineup even before. The high quality carmaker has by now started off its own electrical revolution with the EQ-branded […]
Arcimoto Faces The Long List Of Defunct Automobile Manufacturers
da-kuk/E+ through Getty Photos When Arcimoto (NASDAQ:FUV) went community in 2017 it did so versus a market that was continue to somewhat skeptical of EV corporations. This would transpire in the subsequent years as a meagre prevalent share rate, anemic income, and a precarious hard cash position. Heading issue was […]
Photo Feature: 1947 Delahaye 135MS Chapron | The Daily Drive | Consumer Guide® The Daily Drive
1947 Delahaye 135MS Chapron Convertible Note: The following story was excerpted from the April 2019 issue of Collectible Automobile magazine The French automaker Delahaye had a long and varied history before the introduction of its most famous model, the 135. The firm was founded in 1895 and produced cars known for […]
Automobile Wallpapers In 4K HD For Your Desktop, Phone Or Tablet
Lots of the modifications occurring in the automotive market today, including tightened credit markets in a capital-intensive trade and increased government involvement are the latest global challenges. Fraud Safety. We could take steps to verify the validity of the bank card information you provide to us, together with debiting quantities […]
Apple’s CarPlay is taking over your car [Video]
Apple (AAPL) unveiled a host of new software package and hardware for the duration of its Worldwide Builders Convention (WWDC) on Monday, giving the environment a glimpse at iOS 16, watchOS 9, macOS Ventura, and even the company’s new M2 chip and redesigned MacBook Air. But just one announcement should […]
It Sounds Like the Cadillac LMDh Car Won’t Use the Corvette C8.R’s LT6.R
Image credit score: Cadillac Cadillac is not releasing numerous technological aspects but on its new LMDh car, dubbed the Task GTP Hypercar at this phase, though it did ensure it will be powered by a 5.5-liter DOHC V-8. In a natural way, you would presume that this is the Corvette […]
Report: 50 Million U.S. Cars Still Subject to Recalls
The hottest information from Carfax has indicated that around 50 million U.S. cars presumed to nevertheless be in procedure still have exceptional remembers that have but to be tackled. Nevertheless the great information is that this signifies a 6 per cent decline from 2021 and a significant 19 % drop […]