24/7 Wall St.

The EV Sector Can’t Stop Burning CashIn our discussion, we highlight Lucid (NASDAQ: LCID) Motors’ dire financial situation despite producing 2,110 cars in the second quarter. The company has suffered substantial losses, with its stock down 85% over the past two years and billions of dollars in shareholder value wiped out. We conclude that Lucid’s […]
The post This Company Is Headed For Bankruptcy appeared first on 24/7 Wall St..

This Company Is Headed For Bankruptcy

Cars are getting more expensive, along with most other consumer goods and everyday essentials, but dealerships have no sympathy, it seems. Car dealerships are notorious for being shady, dishonest, and generally a bad experience for anyone looking to buy a car. And yet, U.S. law protects these businesses, forcing everyone to deal with their nonsense […]
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This Is the Car That Dealers Overcharge for the Most

Three words: Made in America. We Americans carry quite a bit of national pride when it comes to our homegrown car manufacturers, be they Fords, Chevys, or Mopar. On this, the fourth day of the month of July, we celebrate American independence. Given the current political climate, however, I know why I’m not feeling very patriotic, but it turns out our American car companies aren’t very patriotic either. Not a single Ford, Chevrolet, or Dodge ranked in the top 15 of Cars.com’s list of the most American-made cars in 2024. Here’s the criteria that Cars.com uses to reach these rankings,

Only 2 American Carmakers Make This List Of The Most American-Made Cars On Sale Today

[Stay on top of transportation news: Get TTNews in your inbox.]. Electric vehicle prices are falling fast in the U.S., but the cheapest models remain far more costly than what other countries have on offer. The BYD Seagull sells for about $10,000 in China, the Dacia Spring starts at $20,000 in Europe, the Renault Kwid e-Tech costs $19,000 in Brazil, and the Kia Ray goes for $22,000 in South Korea.

The $25,000 Electric Car Is Coming to US Soon

It’s no secret that cars cost money to own and operate, but the differences in running expenses between models can be shocking. MarketWatch Guides' new study calculated the five-year costs for gas models, finding that the Hyundai Venue is less than half as expensive to own as some luxury vehicles.

The 10 cheapest vehicles to own and operate over 5 years

Ever wondered what the most reliable Japanese vehicles of the last decade are (2011–2020 model year)? Well, we are here to tell you just that. It may or may not be surprising that this list is dominated by Toyota, well-recognized as the most reliable car brand in the world. Yet, domination is not strong enough of a word, because every single vehicle on this list is a Toyota product, or uses Toyota's expertise, especially considering Lexus is nothing but Toyota's luxury brand.

The Most Reliable Japanese Cars From The Last Decade

MotorBiscuit


It’s hard to believe we’ll soon be asking, “Hey, remember the…?” over so many  models.
The post 8 Familiar Cars Getting Canned by 2025 appeared first on MotorBiscuit.

8 Familiar Cars Getting Canned by 2025

Motor1.com

The fifth-generation Toyota Prius is a significant improvement over the outgoing model. Its looks alone were enough to write headlines, and sales were skyrocketing earlier this year. However, the automaker’s second-quarter sales report reveals that the hybrid had an abysmal June, with Toyota only selling 13 Priuses last month. Why so few?

Toyota Only Sold 13 Priuses in June. Here’s Why

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC


The Toyota Stout might be returning in 2025. However, the Stout can't launch with problems like the new Toyota Tundra did. 
The post The Toyota Stout Can’t Afford the Same Mistakes as the Tundra appeared first on MotorBiscuit.

The Toyota Stout Can’t Afford the Same Mistakes as the Tundra

Upworthy

There is a big difference in how highly intelligent people communicate versus those with smaller IQs. A Redditor named Occyz wanted to know how people tell the difference by asking them to share the “subtle” signs that someone is very intelligent.The question was a big hit on the forum, receiving over 3,700 responses. A big takeaway is people think highly intelligent people are mentally flexible. They are always interested in learning more about a topic, open to changing their minds when they learn new information and acutely aware of what they don’t know.In fact, according to the psychological principle known as the Dunning-Krueger effect, there is a big confidence chasm between highly intelligent people and those who are not. Low-IQ people often overestimate what they know about topics they need to familiarize themselves with. Conversely, people with high IQs underestimate their knowledge of subjects in which they are well-versed.

How do you know someone is very smart? Here are 15 'subtle signs' people notice.

Boston, MA

A dealership in Boston reportedly sold a four-year lease to a woman who had vowed to stop driving. Now that she’s passed away her family says she regretted it, didn’t drive it, and they want to return it. The dealer isn’t budging though and requires they pay to...

Nissan Dealer Leased Car To 92-Year-Old Allegedly Wanting To Quit Driving

GOBankingRates

If you've shopped for a used car in the past three or so years, you probably know it's been a hot market. The COVID-19 pandemic caused disruptions to the new car market, which sent buyers searching...

10 Cars You Can Buy Today for the Best Returns

The apparent winners in new car sales so far this year are small, affordable cars and SUVs. It’s been a tough few weeks for new car buyers, and not just because of higher interest rates and transaction prices. Cyberattacks on major software vendor CDK Global hobbled some 15,000 dealerships’ ability to get into a selling stride, right as we head into the 4th of July holiday. While the company says all the affected dealers should be back online as of Tuesday, it still undoubtedly took a bite out of sales in the last week of June. A study by Anderson Economic Group (as reported by Automotive News) indicates that the system shutdown could cost dealers anywhere from $600 million to as much as $1 billion. As automakers and shareholders cross their fingers for strong sales as we pass 2024’s halfway point, we now have an opportunity to get a closer look at just how many new cars and trucks you all bought in the past six months compared to the same time frame last year.

These Are the Best and Worst-Selling Cars of 2024 (So Far)

CarBuzz.com

Stellantis dealers are facing huge issues due to low sales, seeking urgent help from management. Insufficient allocation of desirable trims and lack of entry-level models are among the problems. Solutions are reportedly in place, with price cuts and cashback programs already rolled out. Stellantis dealers in the US have been...

Stellantis Dealers Make Urgent Plea For Help

Prentiss County, MS

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Mississippi News Group

Written with A.I. assistance. According to the Prentiss County Sheriff's Department, on July 2, 2024, Deputy Hunter Arnold and Josh Brumley were conducting a routine safety checkpoint with other deputies at the intersection of highway 30 east and highway 365. The operation took an unexpected turn when a vehicle driven by April Nicole Storment approached.

Drug Possession Arrest Made During Safety Checkpoint in Prentiss County

A woman road raging against another motorist served herself a big batch of instant karma. She did so by exiting her vehicle before putting it in park. When she tried to save it from rolling away she pinned herself with her own vehicle. People in the USA often get stereotyped...

Road Rager Gets Pinned By Her Own Rolling Car

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Phil Norman

In a move that has sent shockwaves through the cultivated meat industry, Upside Foods has announced a significant wave of layoffs. The company, known for its ambitious goals in bringing cultivated meat to global markets, cited industry challenges and the need to adapt to uncertain economic conditions as reasons behind the decision.

A food company has announced a surprising wave of layoffs

Stellantis’ American operations are teetering on the brink. The lack of a clear and unified strategy is wreaking havoc on its legacy brands, most notably Chrysler. This strategic vacuum is reflected in the dismal sales figures plaguing the entire portfolio, with even traditionally dependable names like Jeep and Ram showing signs of weakness.

Stellantis Faces Sales Slump: Chrysler’s Struggles and the Potential Comeback of the Crossfire as a Family Hatchback

NewsBreak

Frustrated Stellantis Dealers Call For Changes After Sales Disaster

Stellantis dealers have asked the firm’s CEO for help to boost flagging sales. Dealers complain of insufficient allocation of some models and want to discuss pricing...

Frustrated Stellantis Dealers Call For Changes After Sales Disaster

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