Allspring Worldwide Investments Holdings LLC procured a new stake in shares of Penske Automotive Group, Inc. (NYSE:PAG – Get Score) in the fourth quarter, in accordance to its most new disclosure with the SEC. The firm ordered 72,128 shares of the company’s inventory, valued at around $7,733,000. Other institutional investors […]
Summit Automotive Parts
Self-Driving Cars and Personal Injury Lawsuits
These days, self-driving cars are all the rage, but what happens when they inflict personal injuries? Will individuals hurt by a self-driving automobile be allowed to sue the business that built it for monetary damages? What happens if a self-driving car collides with a human driver on the way to […]
The News for April 15th, 2022
Welcome to the Hooniverse News! As always, this is a weekly recap of the biggest stories in the automotive industry without the fluff or bull. With the New York International Auto Show back for the first time since the before times, there are some big stories to talk about and […]
Micron: Best Chip Stock As Automobile Space Transitions To EV (NASDAQ: MU)
Jae Young Ju/iStock via Getty Images Automobile Recovery Global light vehicle unit sales are transitioning from ICE (internal combustion engine) to EV (electric vehicles). Chart 1 shows that the QoQ change in the past three quarters of 2021 of BEV (battery EV) shipments was significantly greater than overall automobile shipments. […]
1955 Chrysler C-300 | conceptcarz.com
The Chrysler Corporation introduced dramatically styled all-new models for 1955 with designs originating from Virgil Exner. The fresh new appearance was dubbed, ‘The $100 Million Look,’ and it helped establish every Chrysler Corp. product, including the inexpensive Plymouth and the ultra-exclusive Imperial, on a solid competitive footing for 1955. The […]
Best Stocks for 2022: Sonic Automotive Is a Cynical Bet on Hard Times
Editor’s be aware: This column is section of InvestorPlace.com’s Finest Shares for 2022 contest. Josh Enomoto’s decide for the contest is Sonic Automotive (NYSE:SAH) stock. A litany of bad news seems to have hit SAH stock, earning it ruinous. On the other hand, the main fundamentals that produced it a dangerous contrarian guess haven’t […]
New York man pockets huge cash for dobbing in law-breaking motorists
A New York citizen has pocketed $US125,000 under the city’s strict ‘idling’ laws designed to curb CO2 emissions. View 4 images A New York citizen, Donald Blair, has pocketed around $US125,000 (approx $AUD168,000) for dobbing in drivers of commercial vehicles who flout New York City’s stringent idling laws. The New York […]
9 Best Wheel Cleaners For Black Wheels in 2022 (Review) Buying Guide
The wheels of your vehicle are the ones that take the most beating, which is why it is high time you look for the best wheel cleaner for black wheels. Tires are always in direct contact with the ground and easily have dirt & grime growth. By not taking good […]
2024 Ford Mustang front end leaked
Is this our very first suitable search at the upcoming-generation Ford Mustang? New visuals of the upcoming 2024 Ford Mustang pony auto, codenamed S650, have surfaced on the net forward of its expected reveal in 2023 as a 2024 product. The first impression was posted on the Mustang7G forums and […]
MULN Stock Is Still Smoke and Mirrors
Source: Ringo Chiu / Shutterstock.com The latest press release from a law firm investigating whether Mullen Automotive (NASDAQ:MULN) violated federal securities laws hit the newswires on April 10. That’s not good news for MULN stock, which had been a real momentum play until Hindenburg Research’s April 6 report torpedoed the […]
Didi in Talks With Haima Automobile About EV Partnership
(Bloomberg) — Didi Global Inc. is in talks with Haima Automobile Co. about a partnership to manufacture electric vehicles, according to people familiar with the matter. Most Read from Bloomberg The Chinese ride-hailing giant is also discussing potential partnerships with other carmakers including Sinomach Automobile Co., said one of the […]
Vintage Legends Of The Road, 21 Classic Cars For Collectors
“Beauty never goes out of style.” The most desirable old school cars have an enduring allure that is difficult to articulate. Their craftsmanship is impeccable, and they exude a sense of both independence and nostalgia. When you’re right next to one of your favourite vehicles, there’s no finer feeling than […]
Get Important Auto Industry News with Headlight News Podcast
Each week TheDetroitBureau.com reports on the biggest news and events happening in the auto industry and relays those stories in its weekly the Headlight News podcast. The roundup includes news, features, reviews and more. GM and Honda announced another partnership to bring inexpensive EVs to the market in 2027. The push […]
RDS Automotive Group buys Philadelphia-area Ferrari, Nissan dealerships
RDS Automotive Group expanded its portfolio of brands — on both ends of the spectrum — with acquisitions in late 2021 and early 2022. The luxury-focused group not only purchased one of the market’s rarest dealership offerings in Ferrari, it also bought a main-line volume dealership in Nissan. RDS Automotive, […]
Didi, Haima Automobile in talks about possible EV partnership
Didi Global Inc. is in talks with Haima Automobile about a partnership to manufacture electric vehicles, according to people familiar with the matter. The Chinese ride-hailing giant is also discussing potential partnerships with other carmakers including Sinomach Automobile Co., said one of the people, who asked not to be identified […]
Bugatti Delivers First Chiron Super Sports
Image: Bugatti Earlier this month on 4 April 2022, Bugatti released news that the Chiron Super Sport units are now rolling out of the Molsheim Atelier. The hyper sports car was first revealed back in June 2021, and following that was an intense, multi-year development and testing program. Build slots for the […]